Travellers between Saudi Arabia and Bahrain won’t need to stop for cash payments
e-payment
Latest in e-payment
banking
Central Bank of Kuwait launches e-payment service amid digital expansion plans
New system allows all local payment and transfer transactions among banks operating in Kuwait and to customers’ accounts to go through within seconds
Amazon
Video: Why big tech is getting into finance
In 2019, many large tech firms announced plans to offer financial products and services.
cashless payment
Lenders cut rates on Network’s $328m loan before London IPO
Network International’s share sale earlier this month was one of Europe’s biggest offering this year.
digital payments
UAE’s largest bank launches sound-based payment system
First Abu Dhabi Bank has launched a new sound-based payment system through its digital wallet payit
Central Bank of Kuwait
Kuwait central bank looks to regulate e-payments
New e-payment instructions are part of plans to propel the local banking sector
2018 Predictions
2018 Predictions: Muhannad Ebwini, CEO, Hyperpay
Industry: Competition is coming in e-payments, and that’s a good thing
E-commerce
TRA trains UAE SMEs on e-commerce principles
Workshop is part of a series of workshops, planned by TRA to raise public awareness on modern economic outcomes of ICT
Amazon
UAE online transactions grow to $12bn
Highest rates of growth were in Saudi Arabia, Egypt and UAE
Amazon.com
SMEs in Dubai get Amazon-owned Souq’s support
New agreement will offer more opportunities to businesses