Jasbay Launches Regional Office at Dubai International Financial Centre

The company “Jispay,” a global leader in payment infrastructure solutions for enterprises and banks, has announced its expansion into the Middle East with the opening of a regional office in the Dubai International Financial Centre (DIFC). This development marks a significant milestone in Jispay’s international growth strategy, reinforcing its commitment to serve institutional merchants, banks, and financial organizations in the region. The new office will enhance communications with existing partners, especially as demand for enterprise payment solutions continues to rise.

As digital commerce accelerates in Gulf Cooperation Council (GCC) countries, rapidly growing businesses across sectors like aviation, hospitality, e-commerce, and financial services encounter increasing challenges due to multiple regional currencies, fluctuating regulations, and a variety of local payment methods.

In response, Jispay’s payment management platform offers a unified, reliable infrastructure that aids organizations in improving approval rates, reducing costs, facilitating compliance, and seamlessly expanding their operations within Gulf markets and beyond, while enhancing institutional reliability.

Setting up operations in the DIFC demonstrates Jispay’s long-term commitment to strengthening its presence in the Middle East, with a focus on developing organized and trustworthy enterprise payment infrastructure in the region. The DIFC, as a leading global financial hub, offers a strong regulatory environment, robust infrastructure, and access to highly skilled professionals.

Jispay plans to leverage these advantages by collaborating closely with banks and acquirers that work with merchants to accept credit and debit card payments. Furthermore, it will engage with regional networks and ecosystem partners to deliver scalable and reliable payment solutions tailored for businesses operating in global markets.

Chital Lalwani, co-founder and COO of Jispay, stated, “For over a decade, Jispay has been developing a payment infrastructure to support high-value enterprise commerce globally. We are excited to bring this expertise to the Middle East and collaborate with merchants, banks, networks, and the broader ecosystem to build a secure, scalable payment infrastructure capable of supporting the region’s rapidly evolving digital economy.”

Sultan Jaffery, the CEO of Business Development at the DIFC Authority, added, “We are pleased to welcome Jispay to the premier ecosystem for financial services and fintech in the Middle East, Africa, and South Asia. By establishing itself in the DIFC, Jispay will contribute to the growing digital economy and reinforce the DIFC’s role as a catalyst for financial innovation, underlining Dubai’s position as one of the top four global fintech hubs.”

Leveraging more than a decade of experience in payment infrastructure development, Jispay supports over 500 global companies and banks, including Agoda, Amazon, Flipkart, Google, HSBC, Indigo, Swiggy, Urban Company, and Zipto, among others. The company provides a comprehensive suite of payment solutions, encompassing integrated payment management, authentication, payment tokenization, matching, fraud solutions, as well as comprehensive white-label payment gateways and bespoke instant payment infrastructure for banks. These capabilities enable businesses and banks to offer seamless, reliable, scalable payment experiences for end consumers.

Commenting on Jispay’s regional focus, Nakul Kothari, the Head of the Middle East and Asia-Pacific, stated, “By establishing our presence in the Middle East through the DIFC, we continue our mission to build innovative payment solutions rooted in a deep understanding of local markets. With the region’s immense potential, we are investing in long-term partnerships with businesses and banks to help them build future-ready, scalable payment infrastructures across markets.”

This expansion reflects Jispay’s long-term vision to enable open and compliant payments that are easily accessible worldwide. With a team of over 1,500 payment experts working across the Asia-Pacific, Latin America, Europe, the UK, and North America, Jispay is well-positioned to reshape the payments landscape in the Middle East. The company plans to grow its regional team, focusing on business development, technical engineering, and partnerships.

Business

Similar news

Emirates NBD Reports Quarterly Profit of 6.4 Billion with 3% Growth

حقق بنك الإمارات دبي الوطني صافي ربح 6.4 مليارات درهم في الربع الأول من العام الجاري بنمو نسبته...

Emsteel Announces Stability in Its Prices for Steel and Construction Materials

The Emsteel Group, a leading manufacturer of steel and integrated construction materials, has announced its commitment to supporting...

Dubai Taxi Acquires 600 New Taxi License Plates

Dubai Taxi Corporation, a leader in comprehensive mobility solutions in the city, has announced its acquisition of 600...

Bank and Real Estate Stocks Boost Dubai Market at the Start of Trading

The indicators of local financial markets exhibited mixed performance at the outset of trading on Thursday. The Dubai...