#digital payments

How MENA startups are powering growth through inclusion

How MENA startups are powering growth through inclusion

The MENA region must recognise this potential and work diligently to create a more inclusive funding environment

Cryptocurrency Dubai DMCC

UPDATED: Dubai court ruling on cryptocurrency wages sparks debate

The decision reinforces the importance of clear contractual terms, ensuring that both traditional and cryptocurrency forms of payment are adequately addressed

e& enterprise signs partnership with fils image e&

Dubai: e& enterprise partners with Fils to introduce carbon offsets

This initiative aligns with e& enterprise’s commitment to promoting green business models

Astra Tech ant group to collaborate on one of a kind digital payments solution Image Supplied

UAE: Astra Tech, Ant Group to launch digital payments solution aimed at tourists, visitors

The solution will help 1.4 billion wallet users conduct transactions seamlessly, directly from their home e-wallets while visiting the UAE without currency conversions

UAE licence Dubai RTA

Kuwaiti fintech MyFatoorah secures UAE central bank licence

The payments solutions provider is now positioned to offer direct merchant-acquiring services and payment aggregation solutions with reduced reliance on traditional banking channels

aiBANK partners with Visa to advance digital payments

EFG Holding’s aiBANK, Visa partner to advance digital payments

The partnership seeks to provide customers with a comprehensive range of innovative products and services tailored to modern digital payment preferences

Astra Tech unveils new Botim debit card

Astra Tech debuts new Botim prepaid debit card

The prepaid debit card is accepted in more than 200 countries and offers UAE dirham and the US dollar

Dimitrios Dosis, president– Mastercard EEMEA

Cover story: Mastercard’s Dimitrios Dosis talks strategy and innovation

The company’s EEMEA president shares how the company is contributing to the digital economy and serving communities

Samsung Pay

You can now pay your DEWA bill with Samsung Pay

DEWA is the first government entity in Dubai to adopt the Samsung Pay option within its digital channels

Pay later

Does Apple’s pay later service require iOS 16.4?

Apple Pay Later will divide purchases into four payments, spread over six weeks, with no interest or fees

ToYou_Tabby_Image

Saudi delivery app ToYou joins forces with BNPL platform Tabby

Tabby will enable users to buy as many times as they want from ToYou, with a single bill at the end of the month without interest or fees

First-Abu-Dhabi-Bank

First Abu Dhabi Bank, Magnati, PayRow Net to develop digital payment platform

The streamlining and automating of revenue collection will help government entities to better plan and forecast as well as focus on their core business and services

Emirates Pay _ Nandan Mer, Group CEO Network International and Ahmed Al Qassim, Senior Executive Vice President and Group Head, Corporate and Institutional Banking at Emirates NBD

Emirates NBD, Network International launch Emirates NBD Pay

Emirates NBD Pay will offer card acceptance solutions to the bank’s existing and potential institutional banking clients in the UAE

FTA to enable digital payments through Magnati

UAE Federal Tax Authority to discontinue eDirham system for tax payment

The eDirham system will be replaced with Magnati, the smart payment option from First Abu Dhabi Bank

Mastercard BitOasis crypto-linked card

Mastercard, BitOasis to launch crypto-linked cards in MENA region

BitOasis customers will be able to link their crypto wallet balances to physical or virtual cards and make fiat payments across 90 million global locations using their BitOasis Mastercard Crypto Card

Tabby, Paymob partner

Tabby, Paymob collaborate to boost growth among retailers in Egypt

Businesses across Paymob’s network will benefit from Tabby’s ‘split into four’ interest and fee-free payment solution via Paymob’s gateway

Scan & Go payment provider MishiPay launches in UAE

MishiPay launches in UAE, allows shoppers to scan and pay

The payment ecosystem commences its operations in the UAE by deploying its self-checkout technology across Virgin Megastore outlets

Mall of the Emirates digital concierge service

Majid Al Futtaim launches SHAREPay for loyalty programme members

SHAREPay enables members to link up to 10 existing debit/ credit cards to a single digital card, enabling seamless instant earning and burning of SHARE points

Payermax

How PayerMax empowers global merchants to achieve borderless growth

In an exclusive interview, Sianna Wu, SVP and managing director of MEA at PayerMax sheds light on how the company is helping global digital enterprises grow and scale outside of their geographical presence

ADCB BANK

ADCB joins ‘Buna’ system to enhance regional cross-border payments

The Buna platform offers stringent levels of governance and transparency through increased oversight from central banks as well as effective reporting and compliance mechanisms

AJman DoF FAB Photo

Ajman’s DoF, FAB and Magnati to offer digital payments through AjmanPay app

Ajman Pay will accelerate the emirate’s shift toward a cashless economy and ensure that government entities benefit from digital payment solutions

Mastercard digital payments HyperPay

HyperPay, Mastercard partner to grow digital payment rails across MENA

The collaboration will offer advanced new technologies so businesses, governments and SMEs can move from cash-based payments to a seamless ecosystem

Digital payment

Cashless economy: How adoption of digital payments is on the rise

E-commerce represents a significant avenue through which the adoption of digital payments can expand growth opportunities

Mercury payments

Case study: How UAE’s Mercury Payments Services fast-tracked its cloud migration with Oracle

In an exclusive interview, Mercury Payments Services and Oracle explain how the latter’s cloud applications were implemented in a fortnight

How trust in digital payments is priming social commerce for a major uplift

S-commerce has several other factors going in its favour

Amazon Payment Services announces new programme for MENA startups

Startups Go Online will offer free and discounted services, tools and resources to companies to help streamline and accelerate their business expansion

Amazon_American Express

Amazon payment services partners with American Express in Saudi Arabia

Amex cardholders in Saudi can now shop with their Amex card on merchant and supplier websites that use Amazon Payment Services

PayMate marks its UAE entry through partnerships with Visa and Citi

The Indian B2B digital payments company has collaborated with Visa and Citi to automate payables based in the region

Payit

UAE’s Payit partners with Platx for WhatsApp payments in the region

Merchants who enroll for this service can simply provide their WhatsApp enabled mobile numbers to their customers

E-commerce

UAE retail e-commerce market reaches $3.9bn in 2020

In 2020, the apparel and footwear category had the highest share of 33 per cent ($1.3bn) in the UAE retail e-commerce market