Payrails, the payment operating system for global enterprises, announced a strategic partnership with Careem, the region’s leading multi-service app, to facilitate payments for the UAE company’s services.
The services will include ride-hailing, food and grocery delivery, bill payments, domestic and international transfers, and more.
The partnership will enable the integration of Payrails’ dynamic payment routing solution and make local payment integrations easier to activate on Careem’s systems.
This will help Careem to enter new markets faster through a central provider for integration with new partners.
Payrails streamline payments for global enterprises
Payrails provides industry-leading payment solutions to global enterprises operating at scale, removing complexity for merchants by streamlining the integration of payment service providers through one comprehensive platform.
Leveraging this platform, Careem will be able to route payments along the most strategic path to drive payment conversions.
The system makes payment integrations and switching between local processors and payment methods easier, simplifying the checkout experience for Careem customers across the region.
Mohammad El Saadi, VP of Careem Pay, said Careem Pay helps millions of people to manage their payments, run errands, move around, and more, all within one Everything App.
“Our partnership with Payrails helps us streamline transactions and bring our services to even more customers across the region,” he said.
CEO Orkhan Abdullayev said their company is a global partner with a strong local knowledge of MENA merchants and their payment challenges.
“We are excited to join forces with Careem, solving complex payment processes and improving payment performance across all operational markets,” he said.
Abdullayev said Payrails’ modular technology integrates seamlessly with any payment use case and enhances Careem’s existing setups, increasing flexibility and scalability.
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