The AI-driven cross-border payments market in the UAE is set for a major boost. Zand, an AI-powered fintech and financial services group, has partnered with Mastercard to create faster, safer, and more efficient international payment solutions.
This collaboration will use Mastercard Move’s advanced money movement technology. As a result, customers can send funds directly to bank accounts, digital wallets, as well as cash pick-up locations worldwide. Both companies aim to drive innovation, expand financial inclusion, and grow the digital economy in the region.
In the first phase, Zand will launch deposits into accounts, wallet top-ups in multiple countries, and cash collection points. These services will give individuals and businesses greater flexibility when transferring money. Mastercard Move supports person-to-person transfers, corporate payments, and bulk disbursements. It also offers payout options to cards, bank accounts, and mobile wallets. In addition, cash pickups remain available through Mastercard’s global network to serve unbanked and underbanked customers.
Mastercard states that this partnership will connect more people and businesses to secure financial systems. It will also increase economic opportunities and improve financial access across the UAE and beyond. Zand views the deal as a key step in advancing AI, blockchain, and modern payment technologies in a rapidly evolving financial sector.
Zand’s leadership says the payments industry is changing quickly. They see strong potential for smarter, scalable solutions across multiple sectors. By combining AI with Mastercard’s infrastructure, both companies plan to lead significant innovation in global payments.
Overall, the AI-driven cross-border payments initiative between Zand and Mastercard goes beyond a typical business agreement. It marks a bold move toward building a more inclusive, technology-focused financial future in the UAE. As this partnership develops, customers can expect services that combine speed, security, and convenience. This effort will also inspire further progress in both regional and global payment networks.
