Raqmiyat, a leading system integrator and digital enabler in the GCC, has partnered with Payomatix, a fintech pioneer in secure payment orchestration and scalable gateway solutions.
This strategic alliance harnesses the strengths of both organisations to drive a new era of advanced, compliant, and user-focused payment infrastructure, empowering financial institutions and businesses in the UAE and KSA to simplify operations, strengthen security and unlock seamless transaction experiences.
Strategic Vision
The partnership embodies a shared commitment to digital transformation, compliance-first innovation, and continuous growth. By leveraging Raqmiyat’s proven expertise in delivering CBUAE-regulated payment systems for over 40 banks and Payomatix’s intelligent, AI-powered payment technology, the joint roadmap will champion faster transaction speeds, scalable orchestration and robust fraud prevention. This collaboration ensures exceptional agility for banks, fintechs and enterprises navigating regulatory challenges and rising customer expectations in a rapidly evolving payments landscape.
Georgio Khachan, Vice President – Digital Payments, Raqmiyat: “We are excited to join forces with Payomatix, whose reputation for secure, seamless payments perfectly complements Raqmiyat’s broad industry experience and commitment to digital excellence. Together, we will empower financial institutions and enterprises to evolve with confidence in a dynamic digital economy.”
Bahaa Indary, General Manager, Raqmiyat: “This partnership enables us to leverage next-generation payment technologies and deep market knowledge to meet the future needs of UAE and KSA clients with agility and compliance at the core of our joint value proposition.” By combining intelligent orchestration, strong regulatory alignment, and deep market insight, we are positioned to deliver faster, more secure, and future-ready payment experiences to banks, fintechs, and enterprises across the region.”
Ruchi Rathor, Founder, Payomatix: “At Payomatix, our mission is to revolutionise the online payments ecosystem; delivering secure, scalable, and intelligent solutions for every business. Raqmiyat’s trust and presence across the region enable us to extend our technology’s reach and help more institutions thrive in a digital-first world.”
About Payomatix
At Payomatix, we make payments simple, scalable, and built for growth. We specialise in unified payment processing and payment orchestration, giving businesses one platform to manage transactions across cards, wallets, and net banking with ease.
With our Banking-as-a-Service and white-label solutions, you can launch faster under your own brand, while our cross-border remittance features make expanding internationally smooth and hassle-free.
Payomatix ensures strong security, regulatory compliance and seamless scalability for startups, enterprises and multinational organisations across India, Canada, Dubai and beyond. The company’s unified API simplifies integration, boosting payment success rates and reducing costs while optimising customer experience and operational efficiency.
About Raqmiyat
Raqmiyat is a leading Digital Enabler and IT Services company, recognized for deep expertise in Banking and Financial Services (BFS) as well as other mission-critical sectors. Founded in 1983 and part of the Al Ghurair Group, the company has been enabling financial institutions across the GCC to achieve operational excellence, compliance, and innovation for more than four decades.
As a trusted digital partner, Raqmiyat supports organizations by embedding innovation through advanced technologies, including AI-driven solutions and modern digital transformation frameworks.
With operations spanning the GCC—particularly the United Arab Emirates, Saudi Arabia, and India—the company combines strong local presence with offshore delivery capabilities.
Raqmiyat works with prominent banks and fintechs across the region, delivering secure, reliable, and scalable solutions that address the evolving demands of the financial landscape.
Beyond BFS, the company operates two additional business units: Technology Staffing Solutions (TSS) and Smart Business Solutions (SBS), providing workforce augmentation, enterprise solutions, and digital business applications.
Raqmiyat’s proven BFS capabilities include proprietary IP products such as Instant Payments, Fund Transfer Systems, Direct Debit Systems, Cheque Clearing, Wage Protection System, and Open Finance. These are complemented by broader offerings in payments, digital transformation, compliance, and customer experience enhancement—enabling financial institutions to stay competitive in a rapidly changing market.
Know more about Raqmiyat at https://raqmiyat.com/ and follow us @https://www.linkedin.com/company/raqmiyat/
Image Credit: Payomatix & Raqmiyat
