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Ajman Transport Authority, BPC to digitalise public transport payments

The Ajman Transport Authority from the UAE has partnered with BPC, a global leader in payment solutions, to become the first authority in the emirate to implement modern payments technology on public transport buses. This move aims to e

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Mastercard and LuLu forge multimarket partnership

Mastercard and LuLu Group have joined hands to foster sustainability, innovation and efficiency in payments across multiple markets.   Extending across six markets, including Bahrain, Kuwait, Oman, Qatar, UAE and

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Cnpsecure is Bahrain winner of Visa Everywhere Initiative

Bahrain-headquartered Cnpsecure has won at the 2024 Visa Everywhere Initiative (VEI) finals in Riyadh and moved up to compete at virtual Central and Eastern Europe, Middle East, and Africa (CEMEA) competition on July 23.  

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Mena e-commerce market likely to reach $57bn in 2026

The Middle East and North Africa’s (Mena) e-commerce sector is expected to reach $57 billion in 2026, growing at an annual compound growth rate of 11%, says Flextock, a leading e-commerce enabler in the Middle East.  &n

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Mena e-commerce market likely to reach $57bn in 2026

The Middle East and North Africa’s (Mena) e-commerce sector is expected to reach $57 billion in 2026, growing at an annual compound growth rate of 11%, says Flextock, a leading e-commerce enabler in the Middle East.  &n

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UAE payments revenue to hit $19.8bn by 2027: report

The UAE payments sector’s overall revenue growth is forecast to increase in the next five years (2023-2027) by a CAGR of 3.6%, pushing the revenue pool to $19.8 billion, according to a report.   Amid global

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Mastercard, Ottu partner to boost payment access across GCC

Mastercard has signed a memorandum of understanding (MoU) with Ottu, a prominent fintech player, to enable a range of local payment methods in Kuwait, Qatar, Bahrain and Oman.    Mastercard Gateway offers ad

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Saudi conference to put digital transformation in spotlight

Saudi Arabia will host the “Seamless Saudi Arabia 2023” conference and exhibition from September 4 to 5 in Riyadh in line with Saudi Vision 2030 objective to achieve digital transformation in the financial sector. Under the

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BCFC, Mastercard to bring innovative payments to Bahrain

Bahrain Commercial Facilities Company (BCFC) has renewed its partnership agreement with Mastercard which will support it to further enrich its Imtiaz card offering, an innovative credit card issuer in the kingdom.   

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PIE launches its new bill payment portal tampay.bh

Payment International Enterprise (PIE) has launched its new portal, tampay.bh, bringing utility and telecom bill payments under a single platform in Bahrain.    TAMPay offers multiple bill payment from diffe

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