Multibank Group, Mashreq partner to launch Instant Payments Service
Dubai, UAE – August 2, 2024: MultiBank Group, the largest financial derivatives institution worldwide headquartered in Dubai, announces its strategic partnership with Mashreq to launch the latest technology enabling instant payments service.
This collaboration aligns with MultiBank Group’s dedication to providing advanced, user-friendly financial services and seeks to enhance transactional efficiency and improve operational transparency for a diverse global clientele of over 1 million traders across 90 countries.
By integrating Mashreq’s advanced payment processing capabilities, MultiBank Group will now provide its clients with nearly instantaneous deposit and withdrawal services, available 24/7.
“Our collaboration with Mashreq represents a significant milestone in our commitment to digital innovation,” said Naser Taher, Founder and Chairman of MultiBank Group. “The integration of Mashreq’s instant payments service will enhance our transaction processes, providing our customers with quicker and more dependable services.”
Licensed by over 15 financial regulators globally, MultiBank Group is setting new industry standards with its user-friendly online trading platforms, leveraging state-of-the-art technology. This latest partnership further elevates its position as an innovative leader in the financial services industry that prioritizes security and efficiency.
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Founded in California, USA, in 2005, MultiBank Group has grown to command a daily trading volume exceeding $12.1 billion, serving over 1 million customers. MultiBank Group has evolved into one of the largest online financial derivatives providers globally, offering various brokerage services and asset management solutions. The group’s award-winning trading platforms offer up to 500:1 leverage on a diverse range of products, including Forex, Metals, Shares, Commodities, Indices, and Digital Assets. For more information, please visit https://multibankfx.com
About Mashreq
One of the UAE’s best performing banks for over five decades, Mashreq is a leading financial institution with an expanding footprint across the Middle East and North Africa with a strong presence in the financial capitals of the world with international offices in Europe, Asia, Africa and the US.
