Mastercard Partners with Qlub to Revolutionise Dining Payments in the GCC

3 min
Mastercard partners with Qlub to enhance digital payments in the GCC dining scene.
The collaboration combines Mastercard's payment expertise with Qlub's instant QR code payment technology.
Qlub's payment solution now operates in over 3,000 restaurants across ten countries.
Recently raising $30 million in funding, Qlub attracts investors like Shorooq and Legend Capital.
The partnership aims to improve dining experiences while supporting cashless economies in the region.
It seems the dining experience in the Gulf might be about to get a whole lot fasterāwith a little help from fintech ingenuity and one of the worldās biggest payment giants. Mastercard has just entered a partnership with Qlub, the Dubai-based startup making waves in hospitality payments, aiming to push digital and contactless payments deeper into the GCC region. And honestly, itās not before time; who hasnāt found splitting the bill at the end of a meal a bit of a faff?
This collaboration is quite the blend of muscle and innovation: on one hand, youāve got Mastercardās global payments know-how, and on the other, Qlubās smart tech, which lets diners pay instantly via QR codeāno need to flag down a harried waiter or hand over a battered banknote. Part of the deal involves Mastercard taking a minority stake in Qlub, not to mention handling all those behind-the-scenes card transactions for Qlubās restaurant partners in the UAE, Saudi Arabia, Qatar, Kuwait, and Bahrain.
Whatās more, Qlubās journey has been picking up speed. Since it popped up in 2021, the companyās already got its tap-and-pay solution running in over 3,000 restaurants, reaching more than 3 million users in 10 different countries. Thatās no small feat for a scrappy startup with less than 300 employeesāand, if you ask me, a testament to just how hungry the hospitality sector is for smarter, snappier payments. The team clinched $30 million in funding recently, attracting backers like Shorooq, Cherry Ventures, e&, Mubadala Investments, and Legend Capital. Thatās not too shabby.
Spot on to something John Mady, Qlubās UAE boss, mentioned: the main aim here isnāt just about speed, but making the whole dining process more secure and rewarding for everyoneāno matter if youāre in Dubai or Doha, or wherever a meal brings folk together. Mastercardās own Gina Petersen-Skyrme spoke about this new phase as a way to empower fintechs who are shaking up how we all do business. Admittedly, from an Arageek perspective, it does give a bit of a thrill to see MENA players getting genuine support to take their ideas wider.
But hereās the thing: while tech like this promises smoother evenings out, I reckon thereās something to be said for that old-school human touch in restaurants. A seamless payment is handy, but letās not let our meals become entirely rushed affairsāor worse, just another button to press.
That said, with the GCC states continuing to bang the drum for cashless economies, this partnership comes at a perfect moment. It gives Qlub the clout and connections to scale well beyond the region, all while putting this part of the worldās fintech spirit on the global map. As someone keeping an eye on these shifts at Arageek, Iām chuffed to bits seeing local innovators get international nodsāeven if, sometimes, change feels a tad too quick for comfort. Well⦠change has a habit of turning up whether weāre ready or not.
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