Digital bank Wio teams up with Stripe to boost online payments for SMEs – The National

Digital bank Wio teams up with Stripe to boost online payments for SMEs – The National

Wio Bank, an Abu Dhabi-based digital lender, is teaming up with global digital payments company Stripe to boost online payments for small and medium enterprises and freelancers operating in the e-commerce sector.

The partnership will enable SMEs to accept online payments, make payouts and mitigate fraud, Wio Bank said in a statement on Wednesday.

“Wio Business, the first digital banking application from Wio, will empower SMEs and freelancers, who previously struggled to get access to payment products, to go into e-commerce faster with an easy-to-create Stripe account,” the digital lender said.