Tradeling joins forces with Mastercard to help spur the UAE’s economic growth

Tradeling joins forces with Mastercard to help spur the UAE’s economic growth

Dubai, UAE – Tradeling, the Middle East and North Africa’s dominant e-marketplace that focuses on business-to-business (B2B) transactions, has announced a collaboration with Mastercard, a global pioneer in payment innovation and technology that connects billions of consumers, issuers, merchants, governments, and businesses. The new collaboration will offer several benefits to Small and Medium Enterprises (SMEs) in the United Arab Emirates (UAE) and deepen access to the digital economy.

E-commerce in the UAE is projected to reach $27 billion this year, partially fueled by the exponential growth of SMEs. The collaboration between Tradeling and Mastercard reinforces both organizations’ commitment to the UAE as it empowers SMEs to further fuel the market’s economic progress and ambitions.

Customers will be able to buy on Tradeling’s platform and receive a 5% discount on all products. This offer can be availed via payment with eligible Mastercard SME or Business debit, credit, or prepaid cards in the UAE for the first time. Additionally, SMEs will be able to access trade finance by leveraging both companies’ advanced platform designs to overcome hurdles that are commonly faced by B2B buyers and sellers.

Marius Ciavola, Chief Executive Officer at Tradeling, commented on this: “E-commerce in MENA has seen accelerated progress since 2020