Magnati & WeChat Pay to expand payment options for UAE merchants
By Delisha Fernandes
Magnati, a payments solutions provider in the Middle East, has partnered with WeChat Pay, a mobile payment service by Tencent Holdings Limited.
This collaboration will enable merchants in the UAE to accept WeChat Pay payments on the current payment acceptance channels, offering customers a convenient and secure way to pay.
Digital platform WeChat Pay, offers a diverse range of payment features, both in-store and online. Committed to expanding its current portfolio with relevant new offerings, Magnati has partnered with WeChat Pay to broaden its payment solutions and provide merchants in the UAE access to a larger customer base.
Ramana Kumar, Chief Executive Officer of Magnati, said, “At Magnati, we are constantly looking for innovative ways to meet the evolving needs of our customers, set regional trends and simplify the payments process. Partnering with WeChat Pay is a significant step forward in achieving this goal. We believe that this collaboration will not only enhance the convenience of payments but also bring added value to our customers’ daily lives, providing a one-stop solution for our merchants.”
Magnati has seamlessly integrated WeChat Pay into its existing payment ecosystem, making it easy for businesses to accept WeChat Pay payments on their payment terminals. This integration will enhance the shopping and payment experience for Chinese tourists and residents in the UAE, offering them a familiar and convenient interface.
Jeff Hu, General Manager, WeChat Pay EMEA, said, “WeChat Pay has consistently been committed to offer secure and hassle-free payment experiences for Chinese travelers. This collaboration enables Chinese tourists to have a seamless mobile payment experience similar to what they enjoy in China while visiting the UAE.”
IBSi Daily News Analysis
March 01, 2024
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