Pine Labs Partners with Wio Bank to Build a Modern Payment Acceptance Infrastructure
Pine Labs, the global fintech platform transforming how businesses accept and manage payments, today announced a strategic partnership with Wio Bank, the Middle East’s leading digital financial platform.
The collaboration aims to build a modern, next-generation payment acceptance infrastructure for Wio Bank without relying on legacy technologies. This will enable faster merchant onboarding, real-time settlement capabilities, and seamless omnichannel payment acceptance at scale.
As part of the partnership, Wio Bank will deploy Credit+™, Pine Labs’ modular, API-driven payment acceptance platform, to support its core payment processing operations. Credit+™ is designed for speed, scalability, and configurability, enabling rule-based intelligent workflows, data-driven decision-making, and improved payment acceptance rates. The platform also manages the full merchant journey—from acquisition through the entire lifecycle—using a developer-friendly, advanced technology stack.
Built on cloud-native architecture and a microservices-based framework, Credit+™ allows Wio Bank to efficiently scale payment volumes while ensuring high availability, enterprise-grade security, and regulatory compliance.
Commenting on the partnership, B Amrish Rau, CEO of Pine Labs, said the collaboration provides one of the region’s most innovative digital banks with a modern payment acceptance platform capable of handling high transaction volumes, rapid feature deployment, and seamless scalability.
Jayesh Patel, CEO of Wio Bank PJSC, noted that the partnership enhances Wio’s ability to deliver simpler and more efficient payment capabilities, from accelerated merchant onboarding and settlement to seamless cross-channel payment acceptance, supporting businesses as they grow.