Mobile money services are connecting millions of unbanked and underbanked populations in the region to digital financial services
Mobile wallet
Latest in Mobile wallet
digital economy
First live African mobile wallet transaction executed in the UAE
Network International and TerraPay hail milestone deal as they seek to boost mobile wallet penetration in the UAE
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
Cashless payments
Saudi expansion in focus for Paymob after record Egypt fundraise
The Cairo-based firm, which provides mobile wallet products for companies including banks and phone operators and also helps process retail payments
cashless payment
‘Transforming the business of fun’ with Embed’s Mobile Wallet
Global leader in cashless business management systems and solutions for the amusement, entertainment and leisure industries, Embed is set to empower family entertainment (FEC) businesses with direct sales, services and support
Arab Financial Services
Bahrain’s bwallet expands to include UK transfers
Digital mobile wallet looking to add further countries in coming months
credit card
Google Pay now available on UAE’s largest card payments operator
Network International said consumers across the UAE can now transact using the Android-based payment solution with any of its NFC-equipped merchants
digital payments
Secure mobile payments surge in UAE, says Mastercard
In late September, Mastercard was named as the official payments technology partner of Expo 2020 Dubai
Beam
Dubai-based mobile wallet app Beam eyes global expansion
Beam’s UAE operations were acquired by Majid Al Futtaim in November
Beam
Dubai retail giant buys mobile wallet app Beam
Majid Al Futtaim acquires Beam which enables retailers to accept mobile payments and engage with customers directly through their smartphones
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
Mobile wallet
Samsung Pay launches UAE online payments option
UAE is the first country in the Middle East where Samsung Pay has been enabled
Apple Pay
Apple Pay coming to UAE before year-end
Apple Pay will enable customers in the UAE to make secure purchases in stores, in apps and on the web without using a credit or debit card.