Hitachi Payment Services has partnered with Ektar Technologies to strengthen its presence in the GCC region and enhance its digital payment and security offerings in India and global markets.
The collaboration aims to position Hitachi Payment Services as a key player in the GCC’s evolving payments ecosystem. As outlined in the partnership announcement, Ektar will support Hitachi Payment Services in engaging with local stakeholders and promoting its next-generation payment solutions across the GCC region.
Under the agreement, Hitachi Payment Services will bring its comprehensive digital payment portfolio to the GCC market, including end-to-end acquiring, issuance, and payments stack for merchants, banks, and FinTechs. The offering is supported by a future-ready technology framework comprising an acquiring switch, real-time payment platform, payment gateway, and a full suite of backend solutions.
The company will also introduce its comprehensive cash payment solutions, including Cash Recycling Machines, Digital Banking Points, ATM software platforms, and related services, backed by a robust information security and compliance framework.
In a reciprocal move, Hitachi Payment Services will introduce Ektar’s enterprise-grade, omni-channel in-app multi-factor authentication solution, ekShield, to its clientele in India and beyond. The ekShield platform is designed to strengthen fraud prevention through advanced authentication capabilities, enhancing security across digital transactions.
The partnership underscores a shared vision to build a future-ready payments ecosystem that makes everyday transactions more secure, accessible, and seamless for millions of merchants and customers. By combining Hitachi Payment Services’ infrastructure and payments expertise with Ektar’s advanced authentication technology, the collaboration is expected to accelerate digital transformation in banking and commerce across key markets.
The alliance marks a significant step in expanding secure, technology-driven financial services across geographies while reinforcing both companies’ commitment to innovation and customer-centric solutions.
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