Stake Partners with Pay-to-Card to Enable Credit Card Property Investments in UAE
Real estate investment platform Stake has partnered with Pay-to-Card to introduce credit card payment options for property investments in the UAE, offering investors greater flexibility and accessibility.
New Payment Flexibility for Property Investors
This collaboration allows investors on the Stake platform to use their credit cards to fund fractional real estate investments. This marks a significant shift in how property investments can be approached, moving beyond traditional bank transfers or direct debit methods.
How the Partnership Works
The integration leverages Pay-to-Card's technology to process credit card transactions securely. Investors can now simply select the credit card option during the investment process on the Stake platform. This streamlined payment method aims to make investing in real estate more immediate and convenient, potentially reducing transaction times and hurdles associated with other payment methods.
Implications for Investors
Introducing credit card payments offers several potential benefits for investors:
Increased Accessibility: Lowers the barrier to entry by providing a widely available payment method.
Flexibility: Allows investors to use credit limits or specific card benefits (like rewards points) for their investments.
Speed: Potentially speeds up the investment process compared to traditional bank transfers.
This innovation is particularly relevant for the UAE market, where digital payment adoption is high and demand for accessible investment avenues is growing among both local and international investors.
About Stake
Stake is a digital real estate investment platform based in Dubai. It fractionalizes investment properties, allowing individuals to invest in portions of assets rather than requiring the full capital outlay for an entire property. The platform focuses on income-generating properties and aims to make real estate investment more liquid and accessible to a broader audience. Since its launch, Stake has facilitated significant investments in the Dubai real estate market.
Looking Ahead
The partnership between Stake and Pay-to-Card signals a move towards greater financial innovation within the real estate investment sector in the MENA region. As digital payment solutions continue to evolve, such collaborations are likely to become more common, further simplifying investment processes and potentially attracting a wider pool of investors to alternative asset classes like real estate.
Source: FinTech News Middle East