Saudi Arabia uses digital technology for 79 per cent of retail payments
Cashless payments
Latest in Cashless payments
cashless economy
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
cashless economy
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
cashless deliveries
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
AI
Fueling the rise of digital payments through innovation and partnerships
Mastercard’s J.K. Khalil sits down to discuss the role the payments industry will play in bolstering the region’s economy
Brand View
Mastercard and LuLu Group forge multimarket partnership to drive sustainability, innovation and efficiency in retail payments
Customers to enjoy new and revamped benefits and personalised offers on their co brand cards
Cashless payments
The future of payments is global, open, and interoperable
With sweeping changes in consumer behaviour and organisational ambitions, the payment trends for 2024 will enhance the scope and size of opportunities for all players in the financial ecosystem
Ajay Bhalla
Mastercard: Advancing the future of digital security
In today’s global economy, cybercrime reigns as the world’s third-largest economy, behind only China and the US. Despite this stark reality, Ajay Bhalla Mastercard’s president of Cyber and Intelligence Solutions explains that Mastercard’s robust ecosystem security integrates biometrics, generative AI and cutting-edge technologies to transform payments into a seamless and secure experience
Brand View
Visa CEMEA: Pioneering advanced technologies to mitigate the risks of e-commerce fraud
Charles Lobo, Senior Vice President, Regional Risk Officer for CEMEA at Visa, discusses the company’s strategy in facing the challenges in ecommerce and digital payments for both consumers and merchants
Cashless payments
Mobile payments set for growth as UAE moves towards cashless society
The number of payments made through a mobile device in the UAE has been increasing markedly in the past two years, which presents opportunities for local businesses
AB Ventures
Saudi Arabia’s HyperPay raises $36.8mn in new investment round led by Mastercard
New funding will support the payment services provider’s regional expansion to Egypt, Qatar and Oman
Cashless payments
UAE payments giant Network International names Saudi boss ahead of expansion
Abdulaziz Al-Dahmash, formerly the digital banking chief at Saudi British Bank, is appointed managing director for operations in the kingdom
cashless economy
AB Talks: Are the days numbered for cash?
Dr. Saeeda Jaffar, GCC group country manager for VISA, unpacks wideranging research that shows only one percent of businesses in the UAE want to keep cash, and many are ready to accept cryptocurrency, among a host of findings
cashless economy
Is cash in the UAE dead? New research reveals how close that RIP is
Close to 94 percent of the country’s consumers say they will continue using digital payments as much as, or more than 2021, and only 1 percent of SMEs expect their business to continue dealing with physical transactions, new Visa research findings indicate
Bahrain Economic Development Board
Bahrain’s cashless payments surge by 65% in August hitting almost $744m
More than 53 million digital payments were conducted during the first half of the year, according to data from the Central Bank of Bahrain
Cashless future
UAE can go completely cashless by 2030, according to industry expert
Notorious for its reliance on cash, regional experts share their insights on what factors are driving the payments landscape towards complete digitisation
Cashless payments
Saudi expansion in focus for Paymob after record Egypt fundraise
The Cairo-based firm, which provides mobile wallet products for companies including banks and phone operators and also helps process retail payments
