The partnership envisages enabling digital payments through O-CITY, a solution for smart cities’ and mobility developed by BPC
contactless payments
Latest in contactless payments
Ajman
Ajman Transport, Visa collaborate to implement contactless payment on buses
The initiative is in line with the emirate’s smart mobility goals
Apple Pay
Astra Tech brings Apple Pay to its Botim prepaid card customers
The company’s move to integrate Apple Pay with Botim follows the launch of its multi-currency prepaid card in partnership with Mastercard in August 2023
contactless payments
Indian digital venture Safexpay expands tailored payment solutions across GCC markets
Safexpay announced plans to invest $10 million in the GCC region to ensure the success of its operations
contactless payments
Qatar to have contactless payments at FIFA World Cup 2022
Over 5,300 contactless-enabled payment terminals have been installed at the official FIFA venues
Alain Bejjani
Majid Al Futtaim and Binance to work on NFT and crypto payments with Binance Pay
The two entities announced a partnership to unlock Web3 capabilities for customers across MENA region
Abdulaziz Al Afaleq
Saudi Arabia’s contactless payments reach 95 percent of total POS transactions, $126bn for 2021
Kingdom ranked number one in MENA for NFC payments adoption, followed by the UAE and Kuwait, in 2020 Visa study
consumer behaviour
The way we pay today can help us predict tomorrow
Regional digital payment trends brought on by social distancing and coronavirus will continue
cashless economy
Egypt’s journey to a cashless society and financial inclusion
Market opportunity for this sector is substantial with over 43 million cardholders, and with no signs of digital payments disappearing, fintechs will continue to have the foundations to prosper within Egypt
contactless payments
Connected experiences, the future of banking and finance in the UAE
The connected banking paradigm is going to pay rich dividends, pandemic or no pandemic
banking industry
How fingertip authentication technology will transform MENA contactless payments market
Biometric cards that eliminate fraud-risk and the need for transaction limits are to be launched regionally and globally in October
cash on delivery
Cash’s popularity subsides in UAE even as online fraud rises
Improved technology and security measures have boosted consumer trust and usage of digital payments in store and online, a survey from Visa, Dubai Police and Dubai Economy finds
consumer behaviour
How coronavirus has impacted consumers’ spending habits in Saudi Arabia
More than 80% of the kingdom’s consumers have altered their spending to adapt to ‘new normal’ of e-commerce, Kearney study revealed
Cashless payments
GCC payments industry to leapfrog other economies in 2021
Payments made via Bahrain’s BenefitPay set to exceed $4bn this year
cashless economy
Video: Contactless payment will continue to grow in the post-Covid world
J.K. Khalil, Saudi Arabia, Bahrain and Levant region Cluster Head for Mastercard, reveals the future for contactless will continue, with recent surveys in the Kingdom showing 80 percent won’t revert to cash.
consumer behaviour
Video: Top consumer trends in the UAE’s retail sector
“Coronavirus has changed commerce forever”, said a VISA representative during their Future Retail Experience webinar held on Monday September 28.
business activities
Video: How are UAE’s digital businesses adapting to the new normal?
From contact-less and cashless deliveries to online live concerts to socially responsible operations – the leading internet businesses in the region have adapted to the new normal and changed their business models.