Challenge:
With the increasing demand for sustainable solutions worldwide, the MENA region faces the challenge of integrating robust, technology-driven frameworks that enable comprehensive tracking, mitigation, and reporting of environmental impact within digital payment systems. As businesses and consumers become more climate-conscious, MENA’s financial sector requires a solution that supports sustainability at scale, providing clients and customers with transparent, impactful choices to reduce their carbon footprint.
Solution:
Fils, MENA’s leading sustainability-focused Fintech, has partnered with Marshal Fintech Partners, the largest and oldest payment technology provider in MENA. This strategic collaboration aims to bring Fils’ advanced sustainability infrastructure to Marshal’s extensive network, allowing millions of transactions across 18 countries to incorporate carbon tracking and offset options seamlessly.
This partnership has advanced MENA’s digital payment ecosystem by embedding climate-conscious options within payment flows. Marshal’s clients, including banks, retailers, and other financial institutions, can now integrate Fils’ sustainability features, allowing customers to contribute to net-zero goals and make informed eco-conscious decisions at the point of sale. The collaboration aligns with both organizations’ commitment to promoting a low-carbon economy and scaling sustainable digital payment solutions across the region.
Impact:
The integration of Fils’ technology into Marshal’s payment infrastructure supports Marshal’s dedication to responsible banking and climate-positive actions. This partnership is not only a significant expansion for Fils within the MENA market but also reinforces Marshal’s position as a leader in sustainable payment technology. The seamless embedding of Fils’ blockchain-based solutions strengthens transparency and authenticity in environmental contributions, setting new standards in fighting greenwashing in the region’s financial transactions.
Future Vision:
Fils and Marshal Fintech Partners are committed to expanding this collaboration, further enabling MENA’s financial sector to adopt sustainable practices across payment systems. This partnership aims to empower more organizations to integrate climate-conscious options effectively, fostering a widespread shift toward climate-positive banking across the region. Aligned with global sustainability goals, Fils and Marshal continue to support local and international initiatives that drive impactful environmental stewardship and contribute to a low-carbon economy.