The compound annual growth rate of the UAE’s overall payments revenue is forecasted to be at 7.7 per cent from 2021 – 2031, while the region is expected to grow by 9.3 per cent within the same period
The future of smartphones is not only based on 5G, imaging and software security management but also on innovation in design, materials, form and function
ValU has a current post-money valuation $235m
The alternative coins’ use surged partly as more businesses have begun using stablecoins for cross-border payments
Fenix Pay is an extension of Fenix’s vertically integrated e-mobility and deliveries platform built for the Greater Middle East
As the MENA market matures, several nations are shifting towards more sophisticated and customised payment options says Ozgur Ozvardar, vice president and general manager, Verifone Middle East and North Africa
From being viewed as a necessary evil and cost centre, payments have become a key enabler of an integrated and seamless shopping experience
With this acquisition, Entrust can help banks and financial institutions worldwide create seamless payment experiences for their customers
Emirates Pay is an alternative method for travellers to pay for air tickets purchased online by directly debiting their bank account
How Covid-19 has accelerated the shift from cash to contactless payments
The GCC is catching up with developed markets in terms of financial inclusion
Amidst the many challenges of 2020, Lulu Financial Group is determined to advance its objective of financial inclusion through technology and collaborative partnerships
The Finance Ministry has partnered with Saudi British Bank, Samba Financial Group and National Commercial Bank
Financial institutions across more than 45 countries already use RippleNet
Digital money will have to co-exist with cash and other forms of tender
BCG predicts GCC’s payment revenue pool will expand by 1.1 per cent annually
Azure to serve as native cloud infrastructure for Mastercard Labs’ R&D efforts