Partnership26 Jan 2026, 02:08 pm
Pine Labs Partners with Wio Bank to Modernize UAE Merchant Acquiring Infrastructure
AI Summary
Pine Labs, a global fintech platform, has partnered with Wio Bank, the Middle East’s leading digital financial platform, to build a modern acquiring infrastructure with no legacy tech dependency. The collaboration aims to enable faster merchant onboarding, real-time settlement capabilities, and seamless multi-mode payment acceptance at scale. Wio Bank will deploy Credit+, Pine Labs’ modular, API-first acquiring platform, to power its core acquiring operations.
Key Highlights
- Pine Labs and Wio Bank partner to modernize merchant acquiring infrastructure in UAE.
- Collaboration aims to enable faster merchant onboarding, real-time settlement, and seamless multi-mode payment acceptance at scale.
- Wio Bank to deploy Credit+, Pine Labs’ modular, API-first acquiring platform for core acquiring operations.
- Credit+ supports intelligent rule-based workflows, data-driven decisioning, and optimisation of payment acceptance rates.
- Cloud-native, microservices-based framework ensures high availability, enterprise-grade security, and regulatory compliance.