e& enterprise, a leading player in the digital payments sector, has joined forces with Fils, a cutting-edge fintech platform, in a strategic partnership that sets a new benchmark for sustainability in the realm of digital transactions.

e& enterprise announced its commitment to reshape the digital payments landscape by incorporating Fils’s innovative platform into its own Digital Payment Platform and ecosystem through a unified Application Programming Interface (API). This move is designed to empower businesses in the UAE to provide customers with detailed information on carbon emissions per transaction, coupled with the option to offset their carbon footprint using reliable methods.

Alberto Araque, CEO of e& enterprise IoT & AI, emphasized the transformative nature of this collaboration, stating, “Our collaboration with Fils is more than a partnership, it represents a pivotal shift in our operating ethos. We are embarking on a journey that goes beyond enhancing our digital payments platform to fundamentally reshape the way businesses and consumers engage with digital commerce, prioritising environmental responsibility at every step.”

This strategic alliance aligns seamlessly with the environmental goals of COP28 and reflects e& enterprise’s dedication to fostering green business models. The partnership aims to create new revenue streams while balancing profitability and sustainable practices, benefiting the entire financial ecosystem and the community at large.

Known for its comprehensive B2B2C offering and technological prowess, Fils complements e& enterprise’s commitment to environmental, social, and corporate governance (ESG) principles. The collaboration is poised to revolutionize sectors such as financial services, hospitality, and e-commerce by integrating sustainability into their core operations.

Nameer Khan, CEO and Founder of Fils, highlighted the groundbreaking nature of the partnership, stating, “By joining forces with e& enterprise, we are setting a precedent for integrating sustainability into financial transactions, enabling businesses and consumers to make a tangible impact on the environment. It also marks an important shift in the business world, where the pursuit of profit and environmental management are no longer mutually exclusive but inseparably linked.”

The e& enterprise Payments Platform, fortified by this partnership, is positioned to lead the charge in promoting sustainability in digital payments. The combined technologies of e& enterprise and Fils will empower businesses to strengthen their environmental commitment, enhance brand reputation, and provide consumers with a valuable tool to track and offset their carbon emissions. The initiative is expected to catalyze a shift towards more sustainable consumption patterns, enriching the social and environmental landscape of the UAE.