Pine Labs & Wio Bank Partner on Digital Payments in the Middle East

As the UAE moves toward a cashless economy, Wio Bank, a digital financial platform, has partnered with Pine Labs, a global fintech platform, to build a modern acquiring infrastructure without legacy technology dependencies, enabling faster merchant onboarding, real-time settlements, and multi‑mode payment acceptance at scale.

Under the partnership, Wio Bank will deploy Credit+, Pine Labs’ modular, API‑first acquiring platform, to power core acquiring operations. Built on a cloud‑native, microservices‑based framework, Credit+ offers intelligent rule‑based workflows, data‑driven decision‑making, optimisation of payment acceptance rates, and end‑to‑end merchant acquisition and lifecycle management, with rapid feature rollouts, real‑time insights, enterprise‑grade security, regulatory compliance, and operational resilience.

Pine Labs continues to work with banks and enterprises globally on modular, cloud‑native platforms aimed at modernising legacy financial infrastructure. In the Middle East, collaborations between digital‑first banks like Wio Bank and fintechs with strong local presence are expected to shape the future of payments in the region.