From left to right: James Fry, Vice President, Strategic Expansion, Worldpay from FIS, Tausif Ahmed, UAE Country Leader, Worldpay from FIS, Mr. Saeed Al Gergawi, Vice President Digital Economy, Dubai Chamber of Commerce and Tracy Birdsall, Vice President, EMEA Business Development, Worldpay from FIS
From left to right: James Fry, Vice President, Strategic Expansion, Worldpay from FIS, Tausif Ahmed, UAE Country Leader, Worldpay from FIS, Mr. Saeed Al Gergawi, Vice President Digital Economy, Dubai Chamber of Commerce and Tracy Birdsall, Vice President, EMEA Business Development, Worldpay from FIS
From left to right: James Fry, Vice President, Strategic Expansion, Worldpay from FIS, Tausif Ahmed, UAE Country Leader, Worldpay from FIS, Mr. Saeed Al Gergawi, Vice President Digital Economy, Dubai Chamber of Commerce and Tracy Birdsall, Vice President, EMEA Business Development, Worldpay from FIS
From left to right: James Fry, Vice President, Strategic Expansion, Worldpay from FIS, Tausif Ahmed, UAE Country Leader, Worldpay from FIS, Mr. Saeed Al Gergawi, Vice President Digital Economy, Dubai

Payments technology firm Worldpay unveils UAE expansion plans

Strategic decision enables company to extend its payment services to domestic merchants in the Emirates

Advertorial

June 14, 2023

Worldpay from FIS, a leading payments technology company, has recently unveiled its plans to expand its payment processing capabilities into the United Arab Emirates (UAE). This strategic decision enables Worldpay to extend its top-notch payment services to domestic merchants in the UAE, allowing them to enhance their offerings both locally and internationally. Additionally, this expansion welcomes international merchants with global aspirations and rapidly growing enterprises seeking to establish a presence in the UAE market.

According to the latest edition of The Global Payments Report, the e-commerce market in the UAE is projected to reach an impressive US$43 billion by 2026, with credit cards playing a significant role in driving this growth. To succeed in this thriving market, merchants require a reliable payment partner who can navigate consumer preferences and capitalize on emerging trends.

Tausif Ahmed, UAE Country Leader, Worldpay from FIS
Tausif Ahmed, UAE Country Leader, Worldpay from FIS

Expressing excitement about Worldpay's entry into the UAE market, Tausif Ahmed, the Merchant Country Leader at Worldpay from FIS, highlighted the vast growth opportunities available to both domestic and global businesses, remarking, "The UAE presents new growth opportunities for domestic and global businesses, and it's an exciting time to be entering the market." He emphasized that Worldpay's expertise in payments empowers local merchants to expand their offerings and enables international merchants to understand local consumer payment preferences, staying ahead of evolving trends. This knowledge equips merchants to optimize their performance as they venture into new markets, both domestically and internationally, thereby accelerating global commerce.

Worldpay
Worldpay

Merchants in the UAE now have access to Worldpay's advanced acquiring capabilities, which encompass authorization, clearing, payments settlement, dispute management software, and data insights. Through a single integration point, merchants can enhance acceptance rates, elevate the customer experience, and mitigate the risks associated with fraud.

Worldpay's expansion into the UAE aligns perfectly with its growth strategy of strengthening its presence in merchant acquiring across new markets. By actively supporting the UAE market, Worldpay aims to empower merchants to thrive in the digital economy and extend their global reach, reinforcing their position as a leading force in the industry.

While you're here
Killing of Qassem Suleimani
RUGBY CHAMPIONSHIP FIXTURES

September 30
South Africa v Australia
Argentina v New Zealand

October 7
South Africa v New Zealand
Argentina v Australia

The national orchestra
Our commentary on Brexit
Killing of Qassem Suleimani
Plastic tipping point
The specs

Engine: 8.0-litre, quad-turbo 16-cylinder

Transmission: 7-speed auto

0-100kmh 2.3 seconds

0-200kmh 5.5 seconds

0-300kmh 11.6 seconds

Power: 1500hp

Torque: 1600Nm

Price: Dh13,400,000

On sale: now

Tomorrow 2021
More from Neighbourhood Watch:
Mohammed bin Zayed Majlis
Plastic tipping points
Kareem Shaheen on Canada
Transgender report
More coverage from the Future Forum
On Women's Day
Mohammed bin Zayed Majlis
While you're here
The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

Our commentary on Brexit
You might also like
More on animal trafficking
More from Neighbourhood Watch:
A timeline of the Historical Dictionary of the Arabic Language
  • 2018: Formal work begins
  • November 2021: First 17 volumes launched 
  • November 2022: Additional 19 volumes released
  • October 2023: Another 31 volumes released
  • November 2024: All 127 volumes completed
While you're here
UAE currency: the story behind the money in your pockets
On Women's Day
While you're here
World Mental Health Day
Zayed Sustainability Prize
On Women's Day
UAE currency: the story behind the money in your pockets
Whiile you're here
More from Rashmee Roshan Lall
Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
The specs

Engine: 3.0-litre six-cylinder MHEV

Power: 360bhp

Torque: 500Nm

Transmission: eight-speed automatic

Price: from Dh282,870

On sale: now

KILLING OF QASSEM SULEIMANI
Killing of Qassem Suleimani
The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

More from this package
Tomorrow 2021
On Women's Day
Transgender report
The years Ramadan fell in May

1987

1954

1921

1888

Mohammed bin Zayed Majlis
The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part one: how cars came to the UAE

 

More from Neighbourhood Watch:
Conflict, drought, famine

Estimates of the number of deaths caused by the famine range from 400,000 to 1 million, according to a document prepared for the UK House of Lords in 2024.
It has been claimed that the policies of the Ethiopian government, which took control after deposing Emperor Haile Selassie in a military-led revolution in 1974, contributed to the scale of the famine.
Dr Miriam Bradley, senior lecturer in humanitarian studies at the University of Manchester, has argued that, by the early 1980s, “several government policies combined to cause, rather than prevent, a famine which lasted from 1983 to 1985. Mengistu’s government imposed Stalinist-model agricultural policies involving forced collectivisation and villagisation [relocation of communities into planned villages].
The West became aware of the catastrophe through a series of BBC News reports by journalist Michael Buerk in October 1984 describing a “biblical famine” and containing graphic images of thousands of people, including children, facing starvation.

Band Aid

Bob Geldof, singer with the Irish rock group The Boomtown Rats, formed Band Aid in response to the horrific images shown in the news broadcasts.
With Midge Ure of the band Ultravox, he wrote the hit charity single Do They Know it’s Christmas in December 1984, featuring a string of high-profile musicians.
Following the single’s success, the idea to stage a rock concert evolved.
Live Aid was a series of simultaneous concerts that took place at Wembley Stadium in London, John F Kennedy Stadium in Philadelphia, the US, and at various other venues across the world.
The combined event was broadcast to an estimated worldwide audience of 1.5 billion.

Long read

Mageed Yahia, director of WFP in UAE: Coronavirus knows no borders, and neither should the response

UAE currency
Joker: Folie a Deux

Starring: Joaquin Phoenix, Lady Gaga, Brendan Gleeson

Director: Todd Phillips 

Rating: 2/5

Killing of Qassem Suleimani
Killing of Qassem Suleimani
RESULTS

6.30pm: Al Maktoum Challenge Round-1 Group 1 (PA) Dh119,373 (Dirt) 1,600m
Winner: Brraq, Adrie de Vries (jockey), Jean-Claude Pecout (trainer)

7.05pm: Handicap (TB) Dh102,500 (D) 1,200m
Winner: Taamol, Connor Beasley, Ali Rashid Al Raihe.

7.40pm: Handicap (TB) Dh105,000 (Turf) 1,800m
Winner: Eqtiraan, Connor Beasley, Ali Rashid Al Raihe.

8.15pm: UAE 1000 Guineas Trial (TB) Dh183,650 (D) 1,400m
Winner: Soft Whisper, Pat Cosgrave, Saeed bin Suroor.

9.50pm: Handicap (TB) Dh105,000 (D) 1,600m
Winner: Hypothetical, Mickael Barzalona, Salem bin Ghadayer.

9.25pm: Handicap (TB) Dh95,000 (T) 1,000m
Winner: Etisalat, Sando Paiva, Ali Rashid Al Raihe

THE BIO

Born: Mukalla, Yemen, 1979

Education: UAE University, Al Ain

Family: Married with two daughters: Asayel, 7, and Sara, 6

Favourite piece of music: Horse Dance by Naseer Shamma

Favourite book: Science and geology

Favourite place to travel to: Washington DC

Best advice you’ve ever been given: If you have a dream, you have to believe it, then you will see it.

Zayed Sustainability Prize
War and the virus
Farage on Muslim Brotherhood

Nigel Farage told Reform's annual conference that the party will proscribe the Muslim Brotherhood if he becomes Prime Minister.
"We will stop dangerous organisations with links to terrorism operating in our country," he said. "Quite why we've been so gutless about this – both Labour and Conservative – I don't know.
“All across the Middle East, countries have banned and proscribed the Muslim Brotherhood as a dangerous organisation. We will do the very same.”
It is 10 years since a ground-breaking report into the Muslim Brotherhood by Sir John Jenkins.
Among the former diplomat's findings was an assessment that “the use of extreme violence in the pursuit of the perfect Islamic society” has “never been institutionally disowned” by the movement.
The prime minister at the time, David Cameron, who commissioned the report, said membership or association with the Muslim Brotherhood was a "possible indicator of extremism" but it would not be banned.

Updated: June 14, 2023, 3:38 AM`