MultiBank Group partners with Mashreq to launch instant payment service
MultiBank Group, the world’s largest financial derivatives institution headquartered in Dubai, has announced a strategic partnership with Mashreq Bank to introduce a cutting-edge instant payments service.
This collaboration marks a significant step in MultiBank Group’s ongoing commitment to providing advanced, user-friendly financial services, enhancing transactional efficiency and operational transparency for its global client base, which spans over 1 million traders across 90 countries.
The integration of Mashreq Bank’s state-of-the-art payment processing technology will enable MultiBank Group to offer nearly instantaneous deposit and withdrawal services, accessible 24/7. This new feature aims to significantly improve the customer experience by providing faster, more reliable transactions, a crucial aspect for traders operating in fast-paced financial markets.
“Our collaboration with Mashreq represents a significant milestone in our commitment to digital innovation,” stated Naser Taher, Founder and Chairman of MultiBank Group. “The integration of Mashreq’s instant payments service will enhance our transaction processes, providing our customers with quicker and more dependable services.”
MultiBank Group, licensed by over 15 financial regulators globally, continues to set industry standards with its user-friendly online trading platforms, which leverage the latest in financial technology. This partnership with Mashreq further solidifies MultiBank Group’s position as a leader in the financial services industry, prioritizing both security and efficiency in its operations.
Founded in California, USA, in 2005, MultiBank Group has grown to become one of the largest online financial derivatives providers worldwide. The company boasts a daily trading volume exceeding $12.1 billion, serving a diverse global clientele. MultiBank Group offers a wide range of brokerage services and asset management solutions through its award-winning trading platforms, which provide up to 500:1 leverage on various products, including Forex, Metals, Shares, Commodities, Indices, and Digital Assets.
This partnership with Mashreq is expected to enhance MultiBank Group’s service offerings, further empowering traders with the tools they need to succeed in the competitive world of online trading. The introduction of instant payment services is a testament to MultiBank Group’s dedication to continuous improvement and customer satisfaction.