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MultiBank Group Partners with Mashreq to Launch Instant Payments Service

Dubai-based Capital Market Company MultiBank Group has announced a strategic partnership with Mashreq to introduce an innovative instant payment service. This collaboration aims to enhance transactional efficiency and operational transparency for over 1 million traders across 90 countries.

Mashreq Bank’s integrated advanced payment processing capabilities will enable MultiBank Group to offer clients nearly instantaneous deposit and withdrawal services, available 24/7. This development underscores MultiBank Group’s commitment to providing advanced, user-friendly financial services.

MultiBank Group was founded in 2005 is licensed by over 15 financial regulators globally and is renowned for its user-friendly online trading platforms. The company’s dedication to leveraging state-of-the-art technology has set new industry standards in the financial services sector.

“Our collaboration with Mashreq represents a significant milestone in our commitment to digital innovation,” said Naser Taher, Founder and Chairman of MultiBank Group. “The integration of Mashreq’s instant payments service will enhance our transaction processes, providing our customers with quicker and more dependable services.”

This partnership further solidifies MultiBank Group’s position as an innovative leader in the financial services industry, emphasising security and efficiency. The company continues to prioritise customer satisfaction through continuous improvements and technological advancements.

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Dhivya Dharshini

Dhivya Dharshini is a Trainee Correspondent at Business Tabloid. She covers international news events across diverse business sectors, providing valuable insights to the target audience. She's highly passionate about content writing, learning new languages, psychological studies, and books that brings lights to novel perspectives.

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