FINTECH

Mastercard and INFINIOS Renew Partnership to Scale B2B Travel Payments Across MENA

The deal strengthens the long-standing collaboration between the two companies that began in MENA in 2023 with the introduction of Mastercard Wholesale Program (MWP), a virtual card-based B2B payment product to advance the digitization of B2B travel payments between travel buyers and suppliers.

Mastercard has renewed its multi-year agreement with Bahrain-based fintech INFINIOS to advance business-to-business (B2B) travel payments across the Middle East and North Africa region (MENA), marking an important step in supporting the digital transformation of the travel sector. The deal strengthens the long-standing collaboration between the two companies that began in MENA in 2023 with the introduction of Mastercard Wholesale Program (MWP), a virtual card-based B2B payment product to advance the digitization of B2B travel payments between travel buyers and suppliers.

The Mastercard Wholesale Program digitizes B2B travel payment flows, reducing the reliance on manual payment processes and minimizing the challenges that come along with them. Through MWP, merchants and travel agencies within the complex travel ecosystem benefit from enhanced automation, transparency, and security, as well as improved liquidity and flexibility.

The strategic expansion of this agreement between Mastercard and INFINIOS signifies a commitment to scaling and commercializing MWP across markets in the MENA region.

“The future of travel payments is digital and borderless, and our renewed collaboration with Mastercard accelerates that reality. As a pioneer of Virtual Corporate Cards (VCCs) in the region, INFINIOS’ ambition has been to enable faster, more transparent, and automated B2B transactions, empowering global businesses to scale with confidence. We continue to unlock liquidity across the ecosystem, and this milestone marks another significant step toward reshaping the future of the industry.”

– Sherif Abdelsalam, CEO, INFINIOS

MENA travelers are increasingly embracing digital payment options. In 2025, the number of online travel bookings in the region surged by 63% compared to previous year. Meanwhile, bookings via travel intermediaries from markets in MENA are projected to exceed $100bn by 2028, driven by ongoing digital innovation and consumer preference.

“At Mastercard, we are committed to deepening strategic partnerships and scaling proven solutions to support the continued growth of the travel sector, which increasingly relies on digital and automated payment options. The renewed agreement represents a significant evolution in our relationship with INFINIOS – demonstrating the successful execution and expansion of an essential fintech collaboration in MENA.”

– Saud Swar, Country Manager, Saudi Arabia, Bahrain, Jordan and other Levant, Mastercard

Source:TechAfrica News

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