Fils, the global pioneering force behind enterprise-level sustainability infrastructure, has partnered with Marshal Fintech Partners, one of the oldest and largest provider of payment technology in MENA.
The groundbreaking alliance will enable businesses supported by Marshal to embed climate action into their payment and checkout flows, empowering consumers to reduce their carbon footprint at the point of sale and facilitating climate-conscious purchases.
Leveraging Fils’s award-winning solution, Marshal will seamlessly integrate a sustainability-tracking transaction layer within its payments technology. This will accurately calculate the emissions of every purchase a consumer makes, giving them the option to buy carbon credits to offset the environmental impact of their transaction, regardless of payment method.
Nameer Khan CEO – Fils
“I am thrilled to announce our partnership with Marshal, the largest payments technology provider in the MENA region. Payments play a critical role in understanding and tracking emissions, and as payment methods evolve rapidly, it is essential to ensure that all payment modes are integrated into sustainability efforts. This is especially important for organizations as they work to understand and reduce their Scope 3 emissions, those that occur across their value chains.”
Gaurav Dhar, CEO of Marshal, commented that, “We are proud to partner with Fils, leveraging our advanced payments technology to implement impactful environmental initiatives. Marshal recognizes its responsibility to contribute to a sustainable planet, and our collaboration with Fils will bring us closer to our ESG goals. The partnership underscores our commitment to enabling climate-conscious payments, providing crucial sustainability infrastructure to our clients. By joining Fils’ extensive partner network, we are also taking a significant step towards building a low-carbon economy and a safe future for our planet.”
This partnership comes hot on the heels of an impressive roster of collaborations for Fils this year, including the biggest names in the world of finance and telecommunications across the Middle East and Pakistan.
Titans of industry, such as e& Enterprise, Mashreq Bank and AFS, have benefited from Fils’s innovation, and cemented the reputation of the global fintech as a leader in sustainable financial infrastructure, that supports over 105+ banks, 1.5 million merchants and 4 million consumers. WithFils companies are ushering in a new era of corporate sustainability, enabling organizations and consumers to contribute to the transition to a net-zero economy.
“By leveraging Fils’ comprehensive technology stack, we are ensuring that merchants and businesses have the tools they need to adopt a fully sustainable model, empowering their customers to make climate-conscious choices. Our robust partnerships are helping to scale climate action across industries, and we are proud to be at the forefront of this transformation,” stated Khan.
Fils’ full-stack sustainability infrastructure leverages blockchain technology to seamlessly embed traceability and transparency throughout the sustainability operations of its partners, enabling businesses to demonstrate their positive climate action and combat the malicious practice of greenwashing. Merchants and other businesses are able to accurately track and mitigate emissions for each transaction when utilizing Fils’s cutting-edge technology, seamlessly embedding climate action throughout businesses’ operations.
