GSS Group and XSquare Forge Strategic Partnership to Advance B2B Payments Across MENA

Dubai, UAE – 16th September 2024 – Global Software Solutions Group, a premier innovator in banking and payment technology, today announced a strategic partnership with XSquare, a leader in B2B payments solutions. Together, they will deliver cutting-edge real-time payments and open banking solutions, designed to drive digital transformation for businesses and financial institutions throughout the MENA region.

Empowering Business Growth Through Payment Innovation

GSS is renowned for its ability to offer scalable, secure, and innovative technology solutions tailored to the needs of financial institutions and businesses. By partnering with XSquare, GSS will provide enhanced payment platforms that enable seamless, real-time transactions while meeting the regulatory and security demands of the market. This collaboration is set to unlock new opportunities for businesses to enhance their payment ecosystems, streamline operations, and foster customer loyalty.

XSquare’s Expertise in Streamlining B2B Payments

XSquare, a pioneer in the B2B payments space, brings an omnichannel platform that simplifies complex payment processes for enterprises of all sizes. Their expertise in developing secure, compliant, and easily integrated systems makes XSquare the ideal partner to accelerate the adoption of open banking and real-time payments. With a shared commitment to innovation, GSS and XSquare will empower businesses in the UAE and beyond with advanced payment technologies.

Partnership Highlights: Delivering Comprehensive Solutions for the MENA Market

This partnership represents a bold step forward in transforming the B2B payments landscape across the region. By integrating XSquare’s industry-leading payment platform with GSS’s extensive knowledge of the local market and regulatory landscape, both companies are poised to offer comprehensive solutions that address the specific needs of businesses, while driving growth and efficiency.

Key Impacts of the Partnership:

• Seamless Real-Time Payments: Businesses will benefit from frictionless, real-time B2B transactions that improve operational efficiency and cash flow management.
• Open Banking Capabilities: The integration of open banking services will allow businesses to securely connect their financial systems for a streamlined payment experience.
• Regulatory and Security Compliance: Both GSS and XSquare are committed to adhering to the latest regulations and ensuring top-tier security, providing peace of mind for users.
• Enhanced Business Agility: With access to modern payment technologies, businesses can respond swiftly to market changes and better serve their customers.