Checkout.com teams up with Mastercard Move to transform money transfers in the UAE

Checkout.com has partnered with Mastercard Move to facilitate seamless disbursements and payouts for individuals and businesses in the UAE.

The collaboration leverages Mastercard Move's money movement solutions to enable Checkout.com's merchant clients to send payments to individuals and businesses quickly and efficiently. The service supports use cases including marketplace seller payouts, insurance claim disbursements, gig economy worker payments, and customer refunds.

For Checkout.com's UAE merchant base, the partnership addresses a growing demand for fast, reliable payout capabilities. As e-commerce and marketplace business models expand in the region, the need to distribute funds to multiple recipients quickly and at scale has become a critical operational requirement.

Mastercard Move provides the payment rails for the disbursement service, enabling funds to be sent to recipients' bank accounts or cards. The combination of Checkout.com's merchant payment platform with Mastercard's payout infrastructure creates an end-to-end solution that handles both payment acceptance and fund distribution.

The UAE's payments market has been evolving rapidly, with businesses increasingly expecting their payment providers to handle not just incoming payments but also outgoing disbursements. The Checkout.com and Mastercard partnership responds to this demand by bringing payout capabilities into the same platform that merchants use for payment acceptance.

The partnership builds on both companies' existing UAE presence and represents another step in the growing integration between payment processors and card network infrastructure in the Gulf market.