Payrails, a leading payment platform for global enterprises, has teamed up with inDrive, a prominent ride-hailing app, to revolutionize payment processing across the Middle East and North Africa (MENA) regions.
This strategic partnership addresses the challenges faced by inDrive in integrating multiple payment service providers (PSPs) and alternative payment methods (APMs). Payrails introduced a PSP-agnostic integration layer, dynamic payment routing, and an expanded coverage of APMs, resulting in an impressive 11% increase in card approval rates and enhanced conversion rates.
By leveraging Payrails’ innovative solutions, inDrive aims to improve local payment experiences for drivers and customers alike. The unified integration layer offers a seamless experience through a single API, eliminating the need for complex individual integrations and reducing costs.
Beyond operational efficiency, dynamic payment routing and backup options contribute to higher payment completion rates and reduced instances of failed payments, ensuring income security for gig economy workers. Additionally, personalized payment pages tailored to specific requirements promise a user-friendly checkout experience.
Representatives from inDrive are optimistic about the partnership, highlighting its potential to achieve key payment objectives across priority markets. Payrails reaffirms its commitment to innovation in the MENA region, setting new standards for payment solutions across various industries.
Through this collaboration, inDrive gains access to automated payment routes in diverse markets, optimizing efficiency and profitability using Payrails’ unified technology and API. Stay tuned for more updates as we continue to drive forward with our mission to transform payment processing for businesses globally!
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