Barq, a pioneering FinTech startup from Saudi Arabia, has joined forces with the global financial services giant, Mastercard.
Barq is known for its innovative approach in the financial sector, offering a range of services designed to modernise and streamline payment processes for its clients.
The partnership aims to empower Barq’s customers through Mastercard Gateway by enhancing the payment acceptance capabilities across the Kingdom of Saudi Arabia.
This strategic collaboration is set to provide businesses and consumers with access to cutting-edge payment solutions tailored to their specific needs and demands, ensuring a more efficient and secure transaction environment.
Barq’s focus is on leveraging Mastercard Gateway’s robust technology to expand its service offerings. This includes integrating seamless payment processing and advanced fraud prevention systems to provide a safer and more convenient payment experience.
Maria Parpou, EVP Payment Gateway at Mastercard, said, “At Mastercard, we take pride in serving as a partner of choice to the Kingdom as it continues to make strides on its journey of transformation.
“We strive to play a key role in driving the growth and development of the Saudi fintech ecosystem, working closely with innovative companies such as barq. Together, we aim to redefine financial services, curating an expansive portfolio of world-class offerings that empower people and businesses to make payments as they please.”
