areeba in-house-developed switch secures Mastercard certification

By Delisha Fernandes

areeba, a payment solutions and processing service, has announced the certification of its in-house-developed switch by Mastercard.

After testing and evaluation, areeba’s switch has demonstrated its robustness, reliability, and adherence to industry best practices. This development provides a direct connection between areeba’s platform and Mastercard for the authorization, clearing, and settlement of payment transactions.

“This certification confirms areeba’s technical skills and dedication to excellence while highlighting its significant role in providing cutting edge payment infrastructure in the MENA region that meet the highest quality and security standards,” said Maher Mikati, CEO at areeba.

Through the connection, financial institutions and program managers utilizing areeba’s platform will benefit from a speedier time to market and more rapid implementation of flexible, secure, and feature-rich prepaid, credit, debit, and mobile payment programs.

“The increasing demand for seamless digital payment solutions in the region creates a conducive environment for innovation. Mastercard’s certification of areeba’s switch will empower theprocessor to boost its standing in this highly competitive landscapeand deliver tailored offerings that address the evolving needs of the market,” said Driss Belemlih, EVP Customer Delivery Lead, EEMEA, Mastercard.

With the Mastercard certification, areeba aims to expand its reach and provide enhanced payment processing capabilities to businesses across various industries. This milestone not only validates the technical expertise and capabilities of areeba’s team but also reinforces its position as a trusted partner in the global payment ecosystem.