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Visa, MLG to offer contactless payments in North AfricaVisa, the world's leader in digital payments, and Multi Level Group (MLG), a leading fintech firm will collaborate in the areas of issuing and acquiring contactless digital solutions in North Africa. For th More… |
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Visa, MLG to offer contactless payments in North AfricaVisa, the world's leader in digital payments, and Multi Level Group (MLG), a leading fintech firm will collaborate in the areas of issuing and acquiring contactless digital solutions in North Africa. For th More… |
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ENBD reports spike in contactless paymentsEmirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, has reported that contactless payments now make up 84% of all face-to-face card payment transactions. The bank, a front-runner in di More… |
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UnionPay, ADIB partner for contactless paymentUnionPay International (UPI) has partnered with Abu Dhabi Islamic Bank (ADIB), a leading bank in the UAE, to enable UnionPay card and contactless payment transactions on the bank's 15,000 near field communications (NFC) terminals in the UAE. More… |
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Contactless payments to top $8trn in 2024, say expertsThe value of contactless transactions is set to nearly double the digital payments business from $4.4 trillion in 2020 to $8.26 trillion in 2024, according to research by Statista, a global market intelligence provider. Of this $2 More… |
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Visa supports UAE move to increase PIN-free contactless transaction limitVisa has welcomed the UAE Central Bank’s move to increase the Card Verification Method (CVM) limit for contactless transactions in UAE to Dh500 ($136) from Dh300 ($81.6). The 67 per cent increase in More… |
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Mastercard champions safe and secure payment transactions in MEAMastercard announced today that it is championing efforts to increase contactless payment limits across the Middle East and Africa (MEA) region as people look for safer ways to pay in the wake of the Covid-19 pandemic. More… |
