Pay10 announces strategic partnerships at Dubai FinTech Summit 2026, advancing the UAE’s digital payments ecosystem

At the Dubai FinTech Summit 2026, Pay10, a UAE-regulated fintech company, unveiled a range of strategic alliances, commercial pacts and Memoranda of Understanding (MoUs). These moves aim to broaden digital payment options and support the UAE's progression towards real-time, interoperable and account-based transactions, in line with the Central Bank of the UAE's Financial Infrastructure Transformation (FIT) Programme.

Pay10 has forged partnerships with prominent entities, such as GEMS, Jumbo Electronics, Bikanervala, Allday, Just Gold, and Save In Gold. These collaborations cover various sectors, from education to retail, food and beverage, and specialized commerce. Live implementations are already underway at GEMS, Bikanervala, Allday, and Just Gold, with Pay10 expanding its payment ecosystem to encompass routine consumer and business dealings.

The fintech firm offers an all-encompassing payment platform, integrating instant payments, Open Finance, digital accounts, domestic card infrastructure, and merchant payment acceptance. Through its integration with Aani, Pay10 facilitates instant payments and supports account-based payment experiences. Open Finance capabilities permit users to securely connect their bank accounts, access consolidated financial data, and track expenditures through a single app.

Jaywan issuance capabilities empower qualifying wallet users to access domestic card payments via POS terminals, ATMs, and e-commerce platforms. Merchants can utilize the platform to accept multiple payment methods, including Pay by Pay10, Pay by Bank, cards, QR payments, payment links, and digital payouts. Their proprietary POS application, QR, and soundbox solutions are bolstered by an in-house Terminal Management System.

Pay10's proprietary POS application, QR and soundbox solutions are bolstered by an in-house Terminal Management System. The company boasts transaction success rates exceeding 90% across its integrated technology framework. Among the strategic alliances, partnerships with GEMS and Jumbo Electronics aim to enhance digital payment alternatives and streamline collection efficiency in education and retail.

Present deployments with GEMS, Bikanervala, Allday, and Just Gold illustrate the application of Pay10's payment solutions across diverse business scenarios. Allday, a leading convenience chain in the region, offers a chance to evaluate the impact of digital payment solutions on high-frequency, low-value transactions. Additionally, Pay10 has signed MoUs to investigate prospective financial applications.

Its partnership with Yalla Financial Solutions, a division of Fintra Holding, explores bank-account-based wallet funding via Open Finance. Furthermore, the collaboration with TotalPay enables TotalPay to leverage Pay10's merchant payment acceptance features through its technology platform and integrations, broadening merchant payment choices and simplifying the adoption of emerging payment methods.

Dr. Waleed Sadek, Founder & CEO of Yalla Financial Solutions, remarked: "We are delighted to embark on this strategic partnership with Pay10, embodying our shared aspiration for a more interconnected and accessible financial ecosystem. Through Open Finance and account-based wallet funding, we aspire to unlock novel opportunities for seamless digital payments and elevate the financial experience for businesses and consumers across the region."

By aligning with the Central Bank of the UAE's FIT Programme, Pay10's strategy emphasizes the adoption of domestic payment infrastructure, such as Aani, Jaywan, and Open Finance. By investing in direct infrastructure connectivity and proprietary technology, the company intends to bolster interoperability, financial inclusion, and more efficient payment solutions.

Harry Gill, Founder & Chairman, Pay10, stated: "The UAE has established the groundwork for the future of finance, and our ambition is to render it accessible to all. Pay10 is constructing a UAE-based alternative payment ecosystem that unifies domestic payment infrastructure, Open Finance, accounts, cards, and merchant solutions.

Our alliances with GEMS, Jumbo Electronics, Bikanervala, Allday, and Just Gold attest to growing confidence in this vision. We remain resolute in advancing the UAE's financial aspirations through a connected, interoperable ecosystem built for global scalability." Further agreements, product launches, and integrations are in development, with Pay10 striving to augment its consumer and merchant capabilities across the UAE and globally.