Mastercard teams up with Payrails to enhance global payment flexibility for large enterprises

February 4, 2025

Mastercard, a global leader in digital payment solutions, has partnered with Payrails, a modular payment technology provider, to accelerate digital payment transformation for large enterprises.

The collaboration aims to deliver innovative, scalable, and flexible payment solutions that help businesses optimise financial operations and streamline complex transactions.

The partnership will combine Payrails’ expertise in payment optimisation with Mastercard’s extensive network and technology to equip enterprises with advanced digital payment capabilities. By co-developing next-generation payment acceptance products, the companies intend to offer businesses seamless integration into their existing systems, allowing customers to transact using their preferred methods.

Mastercard provides digital payment solutions to consumers, businesses, and governments across more than 200 countries. Through its global network, it enables secure, seamless, and accessible transactions, supporting financial inclusion and economic development.

Payrails, meanwhile, offers a next-generation modular payment operating system designed to optimise financial workflows. The platform supports over 200 countries and is used by brands like Puma, Careem, and Vinted to simplify payment operations and enhance transaction security.

Initially focused on the EEMEA region, the partnership will gradually expand globally to support enterprises with high transaction volumes operating across multiple markets.

Mastercard executive vice president, market development, EEMEA, Amnah Ajmal said, “At Mastercard, we work with our enterprise partners to develop and implement seamless and adaptable payment solutions. Building on our shared long-term commitment to driving continuous innovation and transforming the digital payments landscape, our strategic collaboration with Payrails will reinforce our position as a trusted network that powers the modern digital economy.”

Payrails CEO and co-founder Orkhan Abdullayev said, “We are delighted to team up with Mastercard to deliver unparalleled payment solutions that enhance transaction security, offer unprecedented scalability and reduce time to market. The collaboration will enable us to consolidate our reputation as the payment platform of choice for leading enterprises seeking regionally relevant digital payment infrastructure that aligns with global needs, in addition to expanding the reach of our advanced payment operating system. We look forward to setting new industry standards and paving the way for sustained growth together.”