Middle East Daily
    Hot News
    Lifestyle

    The Niyama Luxury Experience Exciting New Packages at Niyama Private Islands Maldives

    Business

    Yango Launches Enhanced Commuting Experience in Abu Dhabi and Sharjah with Transport Service

    Business

    Warba launches “Your Coffee on Us” campaign in partnership with Kuwait Flour Mills at T4

    Important Pages:
    • Privacy Policy
    • Terms & Conditions
    Facebook Twitter Instagram Pinterest
    • Privacy Policy
    • Terms & Conditions
    Thursday, October 2
    Facebook Twitter
    Middle East Daily
    • Home
    • News

      Faraday Future Exhibits at WETEX 2025 and Announces FX SuperOne Final Launch on October 28 in Dubai

      Al Jalila Foundation supports 60 organ transplant patients through “Your Donation Saves Lives” campaign

      Legends Charity Game in Lisbon to raise millions for charity

      ECAE hosts third edition of the Universities Collaboration Forum

      J-PAL MENA AT AUC CELEBRATES FIVE YEARS OF EVIDENCE POLICYMAKING IN THE MIDDLE EAST AND NORTH AFRICA

    • Business

      Sriwijaya Capital and BlueFive Capital announce strategic alliance

      Nakheel awards AED 169mln infrastructure contract to support Bay Villas development at Dubai Islands

      Source of Fate launches AED 2.6bln luxury waterfront development ‘Miraggio’ on Al Marjan Island

      Cisco unveils advanced AI-powered Webex contact center solutions and industry integrations

      MoEI, Dubai Municipality, Dubai RTA, Mubadala and PNC Architects among Big 5 Global Impact Awards 2025 finalists

    • Technology

      Faraday Future Exhibits at WETEX 2025 and Announces FX SuperOne Final Launch on October 28 in Dubai

      FootAR Showcased Augmented Reality at the SBC Summit Lisbon 2025

      Yango Group introduces the bilingual AI assistant Yasmina in Oman

      Sony’s New NFL Coach’s Headsets are Set to Debut on the Sidelines for 2025 Season

      Player Protection in the Spotlight at SBC Summit 2025

    • Lifestyle

      Dubai’s rise as the global capital of branded residences: Documented by Provident

      Joel Corry and Imanbek to headline star-studded SBC Summit Opening Party

      Ultra comfort, from sleep to workout: Samsung Galaxy Watch8 Series now available for UAE pre-orders

      Yango Launches Enhanced Commuting Experience in Abu Dhabi and Sharjah with Transport Service

      Sony’s Ultimate Travel Tech Guide for a Smarter Summer

    Breaking News:
    • Sriwijaya Capital and BlueFive Capital announce strategic alliance
    • Nakheel awards AED 169mln infrastructure contract to support Bay Villas development at Dubai Islands
    • Source of Fate launches AED 2.6bln luxury waterfront development ‘Miraggio’ on Al Marjan Island
    • Cisco unveils advanced AI-powered Webex contact center solutions and industry integrations
    • MoEI, Dubai Municipality, Dubai RTA, Mubadala and PNC Architects among Big 5 Global Impact Awards 2025 finalists
    • UPFRONT secures $10mln pre-seed to tackle $250bln SMB liquidity problem across MENA
    • Ignyte and Binance forge alliance to supercharge blockchain innovation
    • Faraday Future Exhibits at WETEX 2025 and Announces FX SuperOne Final Launch on October 28 in Dubai
    Middle East Daily
    Home » Payrails and Ride-hailing app inDrive partner to improve Dynamic Transaction Routing & Localization
    Business

    Payrails and Ride-hailing app inDrive partner to improve Dynamic Transaction Routing & Localization

    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp

    Payrails, a leading payment platform catering to global enterprises is announcing a strategic collaboration with inDrive, the world’s second most downloaded ride-hailing app. The partnership enables California based inDrive to overcome the challenge of integrating multiple payment service providers (PSPs) and alternative payment methods (APMs) across different regions, such as MENA. Payrails implemented a solution featuring a PSP-agnostic integration layer, dynamic payment routing, and expanded alternative payment method coverage. inDrive achieved an 11% increase in card approval rates as part of an effort to boost conversion rates, accomplishing this in a fraction of the time usually required to launch each new integration.

    At the core of the partnership is pioneering technology designed to revolutionize payment processing and operations for businesses worldwide. The collaboration aims to enhance local payment experiences for drivers and customers, boosting conversion rates while reducing costs. By leveraging Payrails’ innovative solutions, inDrive can expand its global footprint, ensuring seamless transactions and driving economic opportunities in the rapidly growing gig economy.

    Payrails’ unified integration layer offers a seamless experience by providing a single API, eliminating the need for cumbersome individual integrations. Dynamic payment routing and backup options help to increase payment completion rates, minimize failed payment numbers and simultaneously increase income security for gig economy workers. A standout feature of the collaboration is the implementation of dynamic payment pages, tailored to meet specific needs, delivering a personalized and user-friendly checkout experience.

    Vasiliy Everstov, Head of Fintech at inDrive, expressed enthusiasm, stating, “Partnering with Payrails empowers us to activate all of our key payment objectives for the business across our top priority markets. Together, we are driving tech innovation in the mobility industry and unlocking new opportunities for drivers and consumers alike.”

    Orkhan Abdullayev, Co-Founder and CEO of Payrails, echoed this sentiment, remarking, “Collaborating with inDrive to revolutionize global payment processing underscores our commitment to providing innovative solutions in the MENA region and beyond that address the evolving needs of large enterprises. Our aim is to set new benchmarks of excellence for payments solutions across key industries worldwide.”

    Through this alliance, inDrive can now access and automate the most suitable payment route in each market at the lowest cost, thereby driving efficiency and profitability in the industry using Payrails’ unified technology and API.

    About Payrails:

    Payrails is a flexible payment infrastructure for high-growth businesses to accept payments globally and automate financial operations in a unified platform. After building and scaling the FinTech arm at the world’s largest delivery platform, Orkhan Abdullayev and Emre Talay founded Payrails in 2021 and have launched their next-generation operating system to enable enterprises to build, operate, and scale payment solutions without the need for costly and complex in-house infrastructure. The Berlin-based company was founded in 2021; employs ~50 staff growing to ~100 this year; has onboarded multiple high-profile early customers including Vinted and Just Eat Takeaway; and has raised $20.8 million from some of the world’s most established investors, including Andreessen Horowitz, EQT Ventures, General Catalyst, and HV Capital.

    About inDrive:

    inDrive is a global mobility and urban services platform. The inDrive app has been downloaded over 200 million times, and was the second most downloaded mobility app in 2022 and 2023. In addition to ride-hailing, inDrive provides an expanding list of urban services, including intercity transportation, freight delivery, task assistance and  courier delivery. In 2023, inDrive launched New Ventures, a venture and M&A arm.

    inDrive operates in 749 cities in 46 countries. Driven by its mission of challenging social injustice, the company is committed to having a positive impact on the lives of one billion people by 2030. It pursues this goal both through its core business, which supports local communities via a fair pricing model; and through the work of inVision, its non-profit arm. inVision’s community empowerment programs help to advance education, sports, arts and sciences, gender equality and other vital initiatives.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp

    Related Posts

    Business

    Sriwijaya Capital and BlueFive Capital announce strategic alliance

    Business

    Nakheel awards AED 169mln infrastructure contract to support Bay Villas development at Dubai Islands

    Business

    Source of Fate launches AED 2.6bln luxury waterfront development ‘Miraggio’ on Al Marjan Island

    Business

    Cisco unveils advanced AI-powered Webex contact center solutions and industry integrations

    Business

    MoEI, Dubai Municipality, Dubai RTA, Mubadala and PNC Architects among Big 5 Global Impact Awards 2025 finalists

    Business

    UPFRONT secures $10mln pre-seed to tackle $250bln SMB liquidity problem across MENA

    Business

    Ignyte and Binance forge alliance to supercharge blockchain innovation

    Business

    Faraday Future Exhibits at WETEX 2025 and Announces FX SuperOne Final Launch on October 28 in Dubai

    Follow Us
    • Facebook
    • Twitter
    Top Posts
    Lifestyle

    Dubai Summer Surprises: Grab Tempting Deals At Royal Furniture- UPTO 75% OFF

    Royal Furniture offers exclusive deals of up to 75% Off on selected products! Indulge in some retail…

    Business

    Lamar Holding and Asyad Group Announce EPC Contract Award to TOP Engineering /Shaanxi Construction Corporation for Haradh and Wudaihi Housing Project, Groundbreaking Ceremony Marks Construction Commencement

    Lamar Holding and Asyad Group Announce EPC Contract Award to TOP Engineering /Shaanxi Construction Corporation…

    Business

    Dubai Awards Three Winners from India and Austria at first of its kind ‘Global Prompt Engineering Championship’

    Dubai, United Arab Emirates– Dubai has pledged to train a million people in AI prompt over…

    Business

    CNTXT AI Launches TestAI: The GCC’s First AI Readiness Platform to ensure trustworthy and scalable AI Voice Agents

    Today, CNTXT AI launches TestAI, the GCC’s first AI validation platform, ensuring AI-powered voice interactions…

    Lifestyle

    Discover Exquisite Offerings This April at ME by Meliá Dubai

    April 2025, Dubai, United Arab Emirates: ME by Meliá Dubai, the architectural masterpiece, renowned for…

    Welcome to Middle East Daily, your daily dose of news and insights from the heart of the Middle East. Explore the latest headlines, delve into thought-provoking analysis, and engage with stories that define our region's narrative.

    Facebook Twitter
    Categories
    • Business (398)
    • Lifestyle (124)
    • News (131)
    • Technology (91)
    Top Insights
    Business

    CNTXT AI Launches TestAI: The GCC’s First AI Readiness Platform to ensure trustworthy and scalable AI Voice Agents

    Business

    CNTXT leverages AWS cloud to empower UAE start-up and Abu Dhabi government at GITEX 2024

    © 2025 Middle East Daily.
    • Home
    • Privacy Policy
    • Terms & Conditions

    Type above and press Enter to search. Press Esc to cancel.