Latest news with #Checkout.com's
Web Release
3 days ago
- Business
- Web Release
From Days to Minutes: Stake Transforms Payout Experience with Checkout.com Pay to Card Integration
Stake, one of the leading digital and global real estate investment platforms, has launched Pay to Card, a breakthrough withdrawal feature powered by global digital payments company, The new solution enables investors to receive their dividends and returns directly to their bank cards, often in just minutes, marking a major step forward in delivering faster, frictionless investing experiences. The rollout follows a successful pilot phase in May, during which more than 200 investors used the feature. Some users reported receiving payouts in under 10 minutes, a significant improvement over traditional multi-day withdrawal cycles. 'Speed and trust are core to everything we do at Stake. With Pay to Card, we're eliminating unnecessary delays and putting returns in our investors' hands almost instantly,' said Ricardo Brizido, CPTO and Co-Founder of Stake. 'This feature was built to directly solve one of the most common pain points in real estate investing, and it's already driving strong results.' The launch comes at a time when the MENA region is seeing unprecedented acceleration in digital finance adoption. According to latest report, 'The State of Digital Commerce in MENA 2025', Account Funding Transactions (AFTs), a core enabler of Pay to Card have surged 388% year-on-year in the UAE, highlighting rising demand for real-time payout infrastructure. also recorded a 176% increase in Total Processing Volume (TPV) in the UAE from 2023 to 2024, while daily online shopping has jumped 320% since 2020. As of June 2025, Stake surpassed AED 1 billion in property transactions since its launch in 2021, with the company's mission to democratise access to real estate investment across high-growth markets. 'Stake has always been ahead of the curve in delivering customer-first financial experiences,' said Remo Giovanni Abbondandolo, General Manager for MENA at 'Together, we're meeting the expectations of a region that's no longer just digital-first, but real-time-first. Pay to Card is a perfect example of infrastructure innovation solving real user needs.' Pay to Card is now live for all Stake investors across the United Arab Emirates, the Kingdom of Saudi Arabia and the United Kingdom, bringing faster, simpler access to returns while reinforcing the platform's commitment to innovation and transparency.
TECHx
4 days ago
- Business
- TECHx
Stake Rolls Out Pay to Card with Checkout.com
Home » Emerging technologies » Fintech » Stake Rolls Out Pay to Card with Stake, a global real estate investment platform, has launched Pay to Card, a breakthrough withdrawal feature powered by global payments company The new solution enables investors to receive their dividends and returns directly to their bank cards, often in just minutes. Stake revealed the rollout after a successful pilot phase in May. During the pilot, more than 200 investors used the feature. Some users reported receiving payouts in under 10 minutes, a significant improvement over traditional multi-day withdrawal cycles. 'Speed and trust are core to everything we do at Stake. With Pay to Card, we're eliminating unnecessary delays and putting returns in our investors' hands almost instantly,' said Ricardo Brizido, CPTO and Co-Founder of Stake. 'This feature was built to directly solve one of the most common pain points in real estate investing, and it's already driving strong results.' The launch comes at a time when the MENA region is seeing unprecedented acceleration in digital finance adoption. According to latest report, 'The State of Digital Commerce in MENA 2025', Account Funding Transactions (AFTs), a core enabler of Pay to Card, have surged 388% year-on-year in the UAE. The report also revealed a 176% increase in total processing volume in the UAE from 2023 to 2024, while daily online shopping jumped 320% since 2020. As of June 2025, Stake surpassed AED 1 billion in property transactions since its launch in 2021. The company's mission is to democratize access to real estate investment across high-growth markets. 'Stake has always been ahead of the curve in delivering customer-first financial experiences,' said Remo Giovanni Abbondandolo, General Manager for MENA at 'Together, we're meeting the expectations of a region that's no longer just digital-first, but real-time-first. Pay to Card is a perfect example of infrastructure innovation solving real user needs.' Pay to Card is now live for all Stake investors across the UAE, Saudi Arabia, and the UK, bringing faster, simpler access to returns while reinforcing the platform's commitment to innovation and transparency.
Fintech News ME
4 days ago
- Business
- Fintech News ME
Stake Introduces Real-Time Card Withdrawals via Checkout.com
Dubai-based property investment platform Stake has launched a new withdrawal feature, Pay to Card, in partnership with global payments company The service enables investors to receive their dividends and returns directly to their bank cards, often within minutes. The launch follows a pilot phase in May involving over 200 investors. Several users reported receiving funds in under ten minutes, in contrast to the typical multi-day withdrawal process. 'Speed and trust are core to everything we do at Stake. With Pay to Card, we're eliminating unnecessary delays and putting returns in our investors' hands almost instantly,' said Ricardo Brizido, CPTO and Co-Founder of Stake. 'This feature was built to directly solve one of the most common pain points in real estate investing, and it's already driving strong results.' The rollout coincides with growing digital finance adoption across the MENA region. recent report, The State of Digital Commerce in MENA 2025, notes that Account Funding Transactions (AFTs), which enable services like Pay to Card, have risen 388% year-on-year in the UAE. The report also found a 176% increase in total processing volume in the country from 2023 to 2024, and a 320% increase in daily online shopping activity since 2020. As of June 2025, Stake has facilitated over AED 1 billion in property transactions since its inception in 2021, with the company focused on expanding access to real estate investment across key markets. 'Stake has always been ahead of the curve in delivering customer-first financial experiences,' said Remo Giovanni Abbondandolo, General Manager for MENA at 'Together, we're meeting the expectations of a region that's no longer just digital-first, but real-time-first. Pay to Card is a perfect example of infrastructure innovation solving real user needs.' Pay to Card is now available to Stake investors in the UAE, Saudi Arabia, and the UK.
Fintech News ME
23-05-2025
- Business
- Fintech News ME
Digital Commerce Surges in MENA as Region Embraces Fintech and AI
Emerging technologies are playing a significant role in MENA's economic transformation, with the region frequently cited as one of the most proactive globally in adopting and exploring new digital solutions, according to 's fifth annual MENA report, The State of Digital Commerce in MENA 2025 – Trends that matter: Insights into changing consumer behaviour. The report examines how efforts from central banks, regulators, fintech firms, and merchants, alongside a predominantly digital-native population, have accelerated digital adoption. It provides data-driven insights intended for merchants, regulators, and other stakeholders looking to understand and engage with MENA's shifting commerce landscape. Online shopping in the region has increased substantially over the past five years, with daily transaction volumes rising by 139% since 2020. own processing volumes in the region have grown by 626% over the same period, with a 78% year-on-year increase, reflecting broader shifts in consumer behaviour and the growing reliance on digital platforms. Among online spending categories, food delivery accounts for the largest share at 47%, followed by clothing and fashion at 38%. Beauty products and electronics each represent 34% of online spending. This suggests that consumers are becoming more comfortable purchasing a wide range of products online. In the UAE, the use of Account Funding Transactions (AFTs) has grown by 388% year-on-year. This rise indicates a shift towards real-time, digital payment infrastructure not just for shopping, but also for salary payments, freelance earnings, and peer-to-peer transactions. According to the report, 61% of consumers in the region plan to increase their online shopping in the coming year. Sectors expected to benefit include travel, food delivery, retail commerce, and public services. Meanwhile, the use of cash-on-delivery has declined by 60% since 2020. 'Across every innovation shaping the future of ecommerce, MENA markets consistently rank among the most forward-looking. This isn't a region catching up, it's a region leading the world.' The report also highlights increasing consumer engagement with fintech and artificial intelligence. 43% of respondents use apps or digital wallets weekly to send money, and 62% are engaging with investment and wealth management platforms. AI tools are also playing a larger role in online shopping, with 45% of consumers having used generative chat platforms and 53% having used visual search technology. Shopping habits are also changing in physical stores. 37% of consumers report searching for alternatives online while browsing in-store, prompting retailers to incorporate digital tools such as QR codes and augmented reality previews into physical retail environments. Trust in brands is increasingly influenced by online reviews and social feedback, with peer input often carrying as much weight as traditional brand familiarity. This shift in consumer trust dynamics is accompanied by rising concerns about online fraud. Reports of fraud have grown from 33% in 2023 to 49% in the latest data. In response, businesses are adopting machine learning, behavioural biometrics, and real-time detection systems to address security concerns. 'Fast, secure, and intelligent payments are foundational to commercial success, not just at the point of transaction, but across the entire customer experience,' said Abbondandolo. report is based on five years of data and offers a retrospective view of the region's digital commerce trends, underscoring the pace and scale of change in MENA's economic landscape.
Trade Arabia
13-04-2025
- Business
- Trade Arabia
Checkout.com plans to expand card issuing in UAE
a leading global digital payments company, has announced its intention to expand its card issuing capabilities in the UAE. aims to roll out domestic card issuance in the region in 2026, pending regulatory approval. This will enable businesses to launch branded cards, whether physical or virtual, power customer rewards, streamline expenses, and simplify business-to-business payouts. Issuing will also help businesses extend the value they offer to consumers, bringing greater control of complex financial money flows. Speaking at Thrive Abu Dhabi, first conference in the UAE, CEO and Founder Guillaume Pousaz unveiled the upcoming launch alongside Mena General Manager, Remo Giovanni Abbondandolo. 'As a global business, we focus on bringing products to markets that our customers want and need. Today's announcement is proof of our commitment to the Mena region and its rising influence in the digital economy,' comments Remo Giovanni Abbondandolo, Mena General Manager at 'The appetite for innovation here is real, and we're proud to be building the infrastructure that powers it.' -TradeArabia News Service
