UAE – Leading payment solutions provider in the MENA region Mashreq Neo Pay, has entered into a strategic partnership with UAE fintech company Qlub to facilitate the enhancement of payment options for customers in its hospitality clients in the UAE.

The partnership is intended to facilitate customer payments, bill splitting, and tipping through Neo Pay terminals, which are fully integrated with client restaurants’ Point of Sale (PoS) systems.

The collaboration also aims to enhance convenience and flexibility for merchants while improving the overall customer experience.

Qlub’s digital payment solution is expected to expedite payment processes, increase merchant revenues, and enhance guest interactions.

Vibhor Mundhada, CEO of Neo Pay at Mashreq, stated: “We are delighted to announce our partnership with Qlub, which represents a significant leap forward in simplifying F&B payments across our hospitality merchants. With this partnership, we are not only enhancing our payment capabilities but also setting new standards of seamless user experience and efficiency in hospitality solutions.”

Mashreq Neo Pay’s products and services cater to the hospitality sector by utilizing advanced technology, innovative solutions, and data analytics to provide efficient and streamlined payment experiences for both partnering restaurants and customers.

The payment solutions provider has been at the forefront of numerous innovations in the hospitality sector, serving the needs of a diverse clientele of players in the sector from entry-level restaurants to leading hotels and resorts.

Mashreq Neo Pay’s mission is to support its hospitality clients in navigating their paths to success, assisting them in achieving their goals despite market challenges.

With a strong presence in major global financial hubs, Mashreq’s headquarters remain in the Middle East, delivering services whenever and wherever opportunities arise.

Notably, Mashreq has been recognized as the fastest-growing brand in the Middle East by the 2024 Banking 500 rankings from Brand Finance.

According to Mundhada, the fintech is a perfect fit for enhancing its payment solutions because of its innovative focus on offering contactless payment and ordering solutions in the food and beverage sector.

Through Qlub’s technology, restaurants and customers save significant time in paying their bills and drive a much-enhanced guest experience, from casual restaurants to the most fine-dine venues.

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