noon payments agrees to NEOPAY acquisition deal
NEOPAY acquires 65% controlling stake, combining expertise to build a leading MENA payments platform for merchants.
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Online marketplace serving Middle Eastern consumers
noon.comLast updated
In short: noon agreed to NEOPAY acquiring a 65% stake in noon payments to build a leading MENA payments platform.
NEOPAY acquires 65% controlling stake, combining expertise to build a leading MENA payments platform for merchants.
This integration streamlines local and international transactions for merchants using a scalable digital commerce infrastructure across the United Arab Emirates.
Enables users to discover local eateries, order meals, pay instantly, and access exclusive discounts through the app. 🍽️
The certification allows noon payments to support merchants and partners in Saudi Arabia's payments ecosystem.
The payments company said the acquisition will “expand” its digital commerce capabilities.
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