Dubai – Sharikat Mubasher: Pay10, a UAE-based digital payments provider, has partnered with TotalPay, a payments platform, to expand payment options for TotalPay merchants and reduce the cost of accepting digital payments.
Under the partnership, TotalPay merchants will be able to enable Pay10 as an additional payment method with limited integration requirements, as per the company’s announcement on LinkedIn. Pay10 payments are powered by Al Tareq, the UAE’s open banking initiative, allowing merchants to process digital payments through an alternative payment channel.
The partnership will offer eligible merchants transaction fees that can be up to 70% lower, alongside same-day settlements, according to the announcement. These features are designed to help businesses lower payment acceptance costs and gain faster access to funds.
The collaboration forms part of Pay10’s efforts to expand its merchant network and integrate its payment solution into established payment ecosystems in the UAE.
