Saudi Arabia uses digital technology for 79 per cent of retail payments
cashless payment
Wizz Air announces its planes will go cashless
Wizz Air transitions to cashless payments on flights, with contactless Apple Pay, Samsung Pay, Android Pay, and Google Pay
Powering MENA’s digital future: How UK fintech is driving transformation
UK fintech leaders are collaborating with the Middle East to enhance cashless societies and payment ecosystems, elevating financial connectivity and innovation
UAE strides towards digital payments, but 23% of transactions are in cash
The UAE is coming closer to being a cashless society even though some transactions resist digital transformation
Dubai announces plans to go cashless with digital payments offering $2.2bn boost
Dubai Cashless Strategy targets 90 per cent of transactions being digital by 2026
Dubai shoppers can now ‘pay with their face’ after stores launch biometric tech
Shoppers in Dubai can now use facial recognition scanners to pay for their shopping
Adoption of digital payments to boost SME growth
The growing e-commerce sector, facilitated in part by a rapidly evolving digital payment ecosystem, can help SMEs unlock new markets
E-commerce spend rate in UAE surges post-pandemic; posts twice that of POS spend in Jan-March
According to the latest Network International report, the rise in online spending – both debit card and credit card transactions – was led by digital payments in the government sector, followed by restaurants, supermarkets and convenience stores
Saudi launches instant payment system in drive towards cashless society
Saudi Payments has collaborated with IBM and Mastercard to launch ‘Sarie’, which is the Arabic word for ‘fast’
The rise of contactless payments in the UAE
Dubai’s biggest bank reveals huge growth in contactless take-up amid ongoing pandemic
Food for thought: Coronavirus shifts restaurant payment trends in UAE
Network International data reveals significant increase in online food delivery spend in the UAE amid ongoing pandemic
Video: Vijay Shekhar Sharma wants to bring a billion people to digital payments in India
To say that Vijay Shekhar Sharma is ambitious is an understatement. The founder of Paytm, India’s largest digital payments company, has already revolutionised the way 400 million people spend money – whether it’s buying dinner, paying an electric bill or sending money to a friend.
Video: Why big tech is getting into finance
In 2019, many large tech firms announced plans to offer financial products and services.
Money Talks: Visa delves into the future of online payments
The UAE has set itself a big aim to become a completely cashless society within the next few years.
‘Transforming the business of fun’ with Embed’s Mobile Wallet
Global leader in cashless business management systems and solutions for the amusement, entertainment and leisure industries, Embed is set to empower family entertainment (FEC) businesses with direct sales, services and support
Bahrain’s bwallet expands to include UK transfers
Digital mobile wallet looking to add further countries in coming months