
From Days to Minutes: Stake Transforms Payout Experience with Checkout.com Pay to Card Integration
The rollout follows a successful pilot phase in May, during which more than 200 investors used the feature. Some users reported receiving payouts in under 10 minutes, a significant improvement over traditional multi-day withdrawal cycles.
'Speed and trust are core to everything we do at Stake. With Pay to Card, we're eliminating unnecessary delays and putting returns in our investors' hands almost instantly,' said Ricardo Brizido, CPTO and Co-Founder of Stake. 'This feature was built to directly solve one of the most common pain points in real estate investing, and it's already driving strong results.'
The launch comes at a time when the MENA region is seeing unprecedented acceleration in digital finance adoption. According to Checkout.com's latest report, 'The State of Digital Commerce in MENA 2025', Account Funding Transactions (AFTs), a core enabler of Pay to Card have surged 388% year-on-year in the UAE, highlighting rising demand for real-time payout infrastructure. Checkout.com also recorded a 176% increase in Total Processing Volume (TPV) in the UAE from 2023 to 2024, while daily online shopping has jumped 320% since 2020.
As of June 2025, Stake surpassed AED 1 billion in property transactions since its launch in 2021, with the company's mission to democratise access to real estate investment across high-growth markets.
'Stake has always been ahead of the curve in delivering customer-first financial experiences,' said Remo Giovanni Abbondandolo, General Manager for MENA at Checkout.com. 'Together, we're meeting the expectations of a region that's no longer just digital-first, but real-time-first. Pay to Card is a perfect example of infrastructure innovation solving real user needs.'
Pay to Card is now live for all Stake investors across the United Arab Emirates, the Kingdom of Saudi Arabia and the United Kingdom, bringing faster, simpler access to returns while reinforcing the platform's commitment to innovation and transparency.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Gulf Today
4 hours ago
- Gulf Today
BNW Developments and Masah Group sign AED 1 billion deal to launch flagship ‘Aqua Arc' in Ras Al Khaimah
In a strategic move poised to elevate the luxury real estate landscape of Ras Al Khaimah, BNW Developments has signed a landmark construction partnership valued at AED 1 billion with Masah Group. The agreement appoints MAN Construction, a subsidiary of Masah, as the principal contractor for Aqua Arc, BNW's ultra-luxury waterfront development on Al Marjan Island. This milestone unites two industry leaders—BNW, one of the region's fastest-growing private developers with a project pipeline exceeding AED 22 billion, and Masah, a GCC-recognized Tier 1 contracting firm renowned for its turnkey capabilities and engineering expertise. The signing ceremony welcomed key stakeholders from both companies. Representing Masah Group were Mr. Mohammed Abdul Nayeem (Chairman, Masah Holdings & MAN Construction), Mr. Mohammed Alhabib (Vice Chairman), Mr. Althaf Kazi (CEO & Managing Partner, MAN Specialized Contracting), Mr. Mirza Naseem Beg (CEO, Alpha Metals), and Mr. Mohammed Misbah (Advisor to the Chairman). From BNW Developments, Mr. Ankur Aggarwal (Chairman & Founder) and Mr. Vivek Anand Oberoi (Managing Director & Co-Founder) were present to mark the alliance. 'Partnering with BNW for Aqua Arc is a proud milestone for Masah,' said Mr. Nayeem. 'This reflects a shared vision to build iconic communities that represent both regional identity and global excellence.' Aqua Arc: Precision Meets Elegance Poised to become a landmark on Al Marjan Island, Aqua Arc combines contemporary architecture with panoramic sea views and sustainable design. With a focus on detail, execution, and elegance, the project aims to redefine coastal luxury living. 'At BNW, design ambition must be matched by delivery,' said Ankur Aggarwal. 'Masah's engineering depth and commitment to timelines make them an ideal partner.' 'Masah are not just builders—they're masters of scale and structure,' added Vivek Anand Oberoi. 'Their ethos perfectly aligns with ours: excellence, transparency, and long-term value creation.' Expanding Beyond Borders This collaboration marks a pivotal moment in BNW's regional growth, with plans to expand into Saudi Arabia in 2026. With a shared commitment to innovation and sustainability, BNW and Masah are set to deliver projects that reflect ambition, quality, and regional pride.


Arabian Post
a day ago
- Arabian Post
UAE's Amazon Bazaar Brings Budget Shopping to Mobile Shoppers
Arabian Post Staff -Dubai Amazon has unveiled a new mobile‑only shopping section called Bazaar within its Amazon. ae app in the UAE, delivering value‑focused products across fashion, home and lifestyle categories. Launching initially in beta for select users, the platform offers items priced mostly under AED 25, with some starting at just AED 4, alongside tiered savings, fast delivery, and a 15‑day returns policy. Stefano Martinelli, Vice‑President of Amazon MENA, said Bazaar is meant to be 'fun and effortless to browse', offering the trusted reliability of Amazon combined with surprising value. A launch‑month promotion grants shoppers a 25 per cent discount across all Bazaar purchases in July. ADVERTISEMENT Accessible via the 'Bazaar' icon in the Amazon. ae app or by searching 'Bazaar', the platform also supports browsing on mobile web at amazon. ae/bazaar. Desktop users must scan a QR code in the browser to open the feature within the app. Bazaar has its own search, cart and checkout system, distinct from the main Amazon experience. The interface is vibrant and purpose‑built for quick deal discovery. The platform integrates reviews and star ratings to aid user decisions. Delivery is standard across Amazon Bazaar accounts: orders above AED 90 qualify for free shipping and typically arrive within 6–12 days. Returns are free within 15 days for most products. Beyond initial price advantage, Bazaar encourages bulk purchases with automatic discounts: 5 per cent off orders over AED 150, and 10 per cent off for orders over AED 300. Combined with the launch‑month 25 per cent promotion, savings can accumulate significantly. In the UAE's booming e‑commerce environment—forecast to exceed US$ 13.8 billion by 2029—Bazaar positions Amazon to capture more bargain‑seeking consumers, complementing existing daily‑need offerings. Dharmesh Mehta, Vice‑President at Amazon, referred to the local variant as Amazon Bazaa r or 'Amazon Haul' as in other markets, noting its alignment with prior launches in the US, UK, Germany and Saudi Arabia. Gulf Business, Khaleej Times, What's On, Times of India and Arabian Business all report that Bazaar has launched in the UAE over the past week, emphasising its mobile‑first approach and bargain pricing. Analysts say the platform could strengthen Amazon's value proposition in the region and give competitors like Noon, Carrefour, and Mumzworld a run for their money in the low‑cost segment. Bazaar's playful app interface—especially its 'crazy‑low' deals and under‑AED 25 'super savers' sections—appeals to price‑sensitive shoppers.


Web Release
2 days ago
- Web Release
Line Investments & Property Concludes UAE's Biggest Summer Shopping Carnival with Exciting Car Giveaways
Line Investments & Property SP LLC, the shopping mall development and management arm of Lulu International Holdings Ltd, has successfully concluded the much-anticipated Summer Shopping Carnival, a dynamic month-long festival that transformed the retail experience across 12 malls in Abu Dhabi, Al Ain, and Al Dhafra. The Summer Shopping Carnival offered visitors 31 days of exclusive promotions, global-themed experiences, cultural activations, live entertainment, and the chance to win exceptional prizes. Shoppers who spent AED 200 or more had the opportunity to enter two types of draws: a digital raffle draw to win brand-new Chevrolet Spark EUV vehicles presented by Bin Hamoodah Auto, and a physical raffle draw to win all-inclusive travel packages from Nex World Travel and Tourism LLC. These exciting prize opportunities added another layer of engagement and anticipation to the festival experience. Throughout the campaign, each participating mall brought unique cultural celebrations to life. Al Wahda Mall, Al Raha Mall, and Mushrif Mall highlighted vibrant European festivals, while Al Foah Mall and Al Falah Central Mall celebrated the rich heritage of the UAE and GCC. Khalidiyah Mall presented an immersive Egyptian theme, and Madinat Zayed Shopping Centre showcased colorful Chinese traditions. Forsan Central Mall and Barrari Outlet Mall brought to life the spirit of Middle Eastern culture, while Mazyad Mall and Al Dhafra Mall offered a captivating blend of Asian and Middle Eastern experiences. Shawamekh Central Mall also participated in the campaign. The initiative underscored the company's commitment to creating immersive experiences that connect communities and celebrate diversity. The highlight of the carnival was the announcement of the winners of the coveted Chevrolet Spark EUVs. Over four weeks of draws, Ahammed Paramban, Ayisha Ali, Sayed Kamaluddin, Mahmoud, and Ahmed Farouk Mohammed Ahmed were among the lucky shoppers whose visits turned into life-changing moments as they won brand-new vehicles. Commenting on the success of the campaign, Wajeb Al Khoury, Director of Line Investments & Property, stated, 'The Summer Shopping Carnival has once again demonstrated our dedication to delivering vibrant, rewarding experiences that bring people together. We are proud to see the excitement and joy this initiative has created, not only for our winners but for all the visitors who joined us to celebrate culture, community, and innovation.' Biju George, General Manager of Line Investments & Property, added, 'The response to the Summer Shopping Carnival has been truly inspiring. Our vision was to create a destination where families could enjoy rewarding experiences beyond traditional retail, and the overwhelming participation shows how much our communities value these shared moments. We look forward to continuing to elevate the shopping journey across all our malls.' Ayman Al Bijawi, Director of Sales & Marketing at Bin Hamoodah Auto said, 'Partnering with Line Investments & Property on this landmark campaign has been a fantastic opportunity to showcase the Chevrolet Spark EUV and connect with customers in meaningful ways. Seeing the excitement on the winners' faces as they received their new vehicles was a powerful reminder of the impact such initiatives can have.' Mohammed Yahya, Chairman of Nex World Travel and Tourism LLC, said: 'This partnership with Line Investments & Property has provided exceptional exposure to thousands of potential customers throughout their extensive mall network. We're thrilled to offer these international travel packages to destinations worldwide, and seeing the excitement of winners heading off to amazing locations has been incredibly rewarding.' The Summer Shopping Carnival reflects Line Investments & Property's vision to redefine the shopping centre experience through experiential retail and strategic collaborations, setting a benchmark for engaging and value-driven campaigns in the region.