The UAE has grow to be the primary market outdoors the US to launch Mastercard’s Agent Pay, underscoring the nation’s place as a world chief in next-generation digital funds and synthetic intelligence adoption.
The pilot section, delivered in partnership with Majid Al Futtaim and fintech Dataiera, marks a serious step in bringing AI-enabled “agentic commerce” on to shoppers within the UAE.
The launch occasion was attended by Omar Sultan Al Olama, Minister of State for Synthetic Intelligence, Digital Economic system, and Distant Work Functions; Mastercard CEO Michael Miebach; and Ahmed Galal Ismail, CEO of Majid Al Futtaim Holding.
Mastercard introduces Agent Pay in UAE
As soon as totally deployed, cardholders within the UAE will be capable of use their AI agent to go looking, uncover and transact by Mastercard Agent Pay — together with reserving theatre tickets at VOX Cinemas — signalling the start of a brand new period in personalised, AI-powered funds.
Omar Sultan Al Olama stated the UAE, guided by its management, has grow to be a world hub for superior applied sciences and initiatives that improve well-being, competitiveness and worldwide standing.
He added that the nation has set a brand new international benchmark in deploying synthetic intelligence to simplify each day life and enhance the effectivity and reliability of digital interactions.
He famous that the introduction of the AI agent in cost options represents a serious milestone, opening new horizons for the expansion and growth of the UAE’s digital financial system.
AI within the UAE
Dimitrios Dosis, President, Japanese Europe, Center East and Africa, Mastercard, stated: “As AI turns into a trusted companion in folks’s digital lives, funds should evolve to match its intelligence with integrity.
“Mastercard Agent Pay ensures that agentic commerce is constructed on transparency, consent and safety, empowering shoppers and companies to have interaction confidently on this new period of commerce.”
Ahmed Galal Ismail, CEO, Majid Al Futtaim Holding, stated: “As a pioneer in retail and life-style innovation, Majid Al Futtaim sees AI as a transformative pressure shaping the way forward for commerce and human interplay.
“Collaborating with Mastercard on Agent Pay permits us to discover how intelligence and integrity can coexist in digital transactions – creating programs that prioritise belief, transparency, and shopper confidence.
“This collaboration is not only about comfort; it’s about setting a framework for accountable innovation that redefines how folks store, pay, and have interaction in a linked world.”
