Akurateco and Dinero Pay Unite to Revolutionize Mobile Payments in Saudi Arabia

Akurateco, a leading global payment software provider, has partnered with Dinero Pay, an emerging Payment Service Provider (PSP) in Saudi Arabia, to redefine mobile payments in the region. The collaboration has successfully delivered advanced mobile wallet solutions, including Apple Pay and Google Pay, tailored specifically to the growing demands of the Saudi market. 

The Middle East, particularly Saudi Arabia, is undergoing a rapid shift toward digital-first financial solutions. According to IMARC Group, Saudi Arabia’s mobile payment market reached USD 24.7 billion in 2024 and is expected to grow at a CAGR of 10.3% through 2033. Leveraging this momentum, Akurateco and Dinero Pay are at the forefront of delivering secure, scalable, and regionally compliant payment innovations. 

A significant milestone of this partnership is the deployment of an on-premises payment infrastructure hosted on Oracle Cloud, ensuring full compliance with the Saudi Arabian Monetary Authority (SAMA) data localization mandates. This advanced infrastructure not only adheres to regulatory requirements but also enhances scalability and performance, empowering Dinero Pay’s expanding operations. 

A standout feature of the solution is the integration of network tokenization technology, which replaces sensitive card details with secure tokens. This approach significantly reduces fraud risks and enhances the security of mobile transactions. Additionally, Akurateco’s white-label gateway enables multiple token decryption methods, offering businesses flexibility in optimizing payment flows and improving approval rates. 

This strategic alliance demonstrates how technology is driving digital transformation in a region poised for immense growth. By combining their expertise, Akurateco and Dinero Pay are shaping the future of mobile payments in the MENA region, empowering businesses and consumers with secure, innovative, and scalable payment solutions. 


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