DUBAI, UAE: Adyen (AMS:ADYEN), the payments platform of choice for many of the world’s leading companies, has strengthened its regional leadership team with the appointment of Mahmoud Ismail, as Vice President - Acquiring, Middle East.
Sander Maertens, Head of Middle East for Adyen said: “As Adyen revolutionizes the UAE payments industry with our acquiring solution, we are growing our regional team with stellar talent. Given his deep regional expertise and payments industry experience, Mahmoud is sure to strengthen our clients’ businesses, improve their payments acceptance strategy and deliver impressive results in a fast-evolving payments landscape.”
“After 15 years of impressive growth, expansion, and leveraging technology to build robust products, Adyen still has the agility and can-do spirit of a start-up. Unified commerce is the way forward, and offering an omnichannel experience to merchants as well as cardholders is a key driver of success. Adyen excels at this globally as the only all-in-one payments platform with the capabilities to offer a seamless unified experience. Now as part of the Adyen team, I look forward to continuing to contribute to the UAE’s vibrant payment industry”, said Mahmoud Ismail.
Speaking of the trends shaping the growth of payments platforms, Mahmoud added: “The rise of marketplaces and aggregation concepts in the Middle East reflect a booming global trend, and it requires the right payment platforms to support and complement its growth. Buy Now Pay Later and B2B models are also seeing momentum in the Middle East, accelerated by the growth of e-commerce. We expect M-Commerce and P2P payments to contribute significantly to the growth of digital payments. The Internet of Things (IoT) makes every device a payment device, enabling payments to be processed from any device that’s connected to the internet.”
Before joining Adyen, Mahmoud worked with the UAE-based merchant acquirer Network International Group since 2016, where he was responsible for building out the eCommerce and digital payments portfolio ins the Middle East. His experience spans strategic alliances, partnerships, and projects serving different verticals such as merchants, banks, PSPs, aggregators, and global processors.
A payments industry veteran with more than 10 years of experience, Mahmoud started his career in his home country, Egypt. He is a graduate of the Sadat Academy for Management Science under the Canadian Program of the University of New Brunswick in Canada.
© Press Release 2021