Checkout.com Partners with PRYPCO to Advance the Future of Digital Real Estate Investment in the UAE
Checkout.com, a leading global digital payments provider, has announced a strategic partnership with PRYPCO, the Middle East and North Africa’s first fully digital real estate ownership platform.
Through this partnership, Checkout.com helped PRYPCO achieve a 20% increase in payment acceptance rates, delivering a smoother and more reliable customer experience while reducing potential revenue loss from unnecessarily declined transactions. Building on this success, PRYPCO expanded the partnership to cover payment processing across its real estate tokenization platform, PRYPCO Mint.
Advanced Financial Solutions to Simplify Property Ownership and Investment
Based in Dubai, PRYPCO aims to transform the real estate investment and home financing ecosystem through a suite of technology solutions. These include fractional real estate investment, blockchain-powered property tokenization, digital mortgages, gold investments, Golden Visa assistance, and wills preparation services.
Serving as a single entry point to various real estate services across the UAE, PRYPCO eliminates traditional barriers to property ownership. To date, the company has facilitated over AED 20 billion in real estate transactions for more than 110,000 customers.
High Performance and Integrated Security During Peak Demand
With the continuous growth of the digital economy and real estate sector in the UAE, robust fintech infrastructure has become essential for business scaling and market expansion. High-value digital transactions require a delicate balance between rapid execution and top-tier security.
To address this, PRYPCO integrated Checkout.com’s payment processing technologies into its fractional investment platform, PRYPCO Blocks. This enables customers to complete payments faster and more seamlessly while empowering the platform to handle higher transaction volumes, particularly during peak demand accompanying new property launches.
Network Tokenization and Near-Instant Payouts
The partnership leverages Checkout.com’s Network Tokenization technology, which replaces sensitive card data with unique digital identifiers. This enhances payment security, protects customer data, and improves approval rates by lowering unjustified rejections.
Furthermore, Checkout.com’s global payout capabilities allow PRYPCO customers to transfer, deposit, and withdraw funds with near-instant access on a secure infrastructure—ensuring a seamless investment experience from end to end. Since implementing the Checkout.com platform in July, PRYPCO has recorded a significant rise in acceptance rates while maintaining the required speed and security.
Executive Statements
Remo Giovanni Abbondandolo, General Manager for MENA at Checkout.com, commented:
"We are proud to partner with PRYPCO as they reshape real estate investment and ownership concepts in the UAE. Their vision of accessible, digital-first real estate aligns closely with our commitment to delivering high-performance digital payment solutions that empower innovative companies to scale."
Issa Ibrahim, Co-Founder and President of PRYPCO, stated:
"Making real estate investment accessible to a broader audience requires a trusted platform, especially during high-demand property launches. Our partnership with Checkout.com allows us to handle these peak periods through fast, secure payments, providing a seamless experience. The boost in acceptance rates underscores the importance of this infrastructure as we expand."