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Digital payments

Digital payments in Mena grew 658pc since 2020: data

The robust growth of digital commerce in Middle East and Africa (Mena) in recent years saw digital payment volumes grow by 658% since 2020, according to Checkout.com processing data.    In its "The Stat

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Digital payments in Mena grew 658pc since 2020: data

The robust growth of digital commerce in Middle East and Africa (Mena) in recent years saw digital payment volumes grow by 658% since 2020, according to Checkout.com processing data.    In its "The Stat

More…

ACI Worldwide and AFS to drive payments modernisation

ACI Worldwide has announced a 10-year partnership with Arab Financial Services (AFS) to drive digital payments modernisation for banks fintechs and merchants across the region.    Regulated by the Central Ba

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Over 70pc of UAE retailers see 'digital payments boosting revenue'

More than 70% of UAE merchants surveyed claim increased revenue and higher customer footfall since accepting digital payments, says a Visa study titled 'Value of Acceptance'.    The survey gathered i

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Over 70pc of UAE retailers see 'digital payments boosting revenue'

More than 70% of UAE merchants surveyed claim increased revenue and higher customer footfall since accepting digital payments, says a Visa study titled 'Value of Acceptance'.    The survey gathered i

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Most UAE outbound travellers favour digital payments: study

UAE outbound travellers are increasingly safeguarding their travel experience through digital payments, with 70% opting for digital wallets during trips, according to the 2023 Global Travel Intentions Study by Visa, a global leader in digital pa

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Union Coop-Network to bolster digital payment solutions

Union Coop, a leading consumer cooperative in the UAE, has entered into an agreement with Network International, a leading enabler of digital commerce in the Middle East and Africa (MEA) region, to enhance digital payment acceptance solutions ac

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AFS and Kiya.ai to revolutionise digital banking solutions

Arab Financial Services (AFS), a leading digital payment solutions provider and fintech enabler, and global fintech provider Kiya.ai have teamed up to serve AFS’s regional bank clients alongside financial institutions and neo banks. 

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FAB, Magnati tie up with Geidea to boost Saudi digital payments

First Abu Dhabi Bank (FAB) and Magnati, a pioneering company specialising in digital payment solutions, have signed a strategic alliance with Geidea, Saudi Arabia's largest fintech company, to provide digital payment acceptance services fo

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Digital payments ‘key to improving bottom line’

In the Mena region’s rapidly evolving digital economy, a large opportunity still remains for merchants to improve their bottom line through digital payments, according to a report released by global payments solution provider Checkout.com.

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