UAE – Mubasher: Majid Al Futtaim has entered into a partnership with global digital payments provider Checkout.com to streamline and secure checkout experiences for more than 15 million customers.
The agreement will enhance the safety and reliability of Majid Al Futtaim’s payment systems, according to a press release.
Ahmed Galal Ismail, CEO of Majid Al Futtaim – Holding, said: “At every touchpoint we strive to offer a truly memorable experience, which is why safeguarding our business networks and customer data is paramount to our operations and essential to a memorable experience.”
Guillaume Pousaz, Founder and CEO of Checkout.com, stated: “We are thrilled to deepen our partnership with Majid Al Futtaim, the leader in the retail and lifestyle sector, to boost conversion rates and enhance payments performance.”
It is worth noting that Majid Al Futtaim posted an annual increase of 1% in consolidated revenue to AED 34.50 billion at the end of 2023.
In November 2023, the UAE-based company unveiled plans to launch five new Regus and Spaces locations in its shopping malls across Oman, Egypt, and the UAE in 2024.
