UAE retailers have experienced an in increase in traffic in their store since they started accepting digital payments, according a recent study by Visa.
According to the survey, UAE consumers are increasingly comfortable paying and transacting with card with 84 percent of respondents finding cards more secure than cash.
The Dubai Financial Services Authority (DFSA) and the Monetary Authority of Singapore (MAS) have recently entered into an agreement that provides a framework for cooperation and referrals between the innovation teams of each authority.
Network International has partnered with Alipay to provide seamless payment services to Chinese shoppers in the UAE.
Visa has partnered with mada to bring mada Pay, the first mobile payment solution that supports contactless (NFC) transactions in Saudi Arabia.
Apple is reportedly working with financial giant Goldman Sachs on a credit card that would carry the iPhone maker’s digital wallet logo.
The new solution offers businesses a collection of antifraud features, designed to keep online merchants secure and their customers safe.
PayFort, an Amazon company, has announced the registration of a new wholly owned company in Saudi Arabia via the Saudi …
The new service, that currently operates on the Android RTA app platform only, is part of the Smart City initiative of the Dubai Government, and the ongoing efforts to deliver top and handy services to beneficiaries.
In collaboration with Roubini ThoughtLab, Visa examined the economic impact of increasing the use of digital payments in major cities around the world.