Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Orange Money Group and Visa have formed a strategic partnership to expand access to secure digital payments across Africa and the Middle East. Through a virtual Visa card integrated into the Max it app, millions of Orange Money users can now make international online payments, supporting financial inclusion and digital commerce growth across multiple markets.
Banglalink has secured approval from Bangladesh Bank to launch digital payment services, allowing it to offer transfers, remittances, bill payments, and merchant transactions. The move targets financial inclusion in Bangladesh, where most of the population remains unbanked, and leverages Veon’s regional digital finance expertise to support the country’s digital economy.
Azerbaijan and the UAE are deepening financial cooperation through knowledge-sharing on digital public finance solutions. During a visit to Dubai, Azerbaijani officials explored UAE best practices in data-driven finance management, electronic tax systems, digital contracting, and treasury platforms to support the modernization of Azerbaijan’s public finance framework.
Mastercard has partnered with TerraPay to expand global acceptance for digital wallet users by improving interoperability across payment networks. The collaboration aims to enable seamless cross-border transactions, support financial inclusion, and help merchants and wallet providers scale as digital payments continue to grow worldwide.
Pakistan has opened 10 million BISP mobile wallet accounts for low-income women, enabling digital stipends without agents or queues. Supported by banks, telcos, PTA, and NADRA, the initiative targets 100% digital payments by June 2026 and represents a major step in expanding financial inclusion.
Friendi Pay has fueled major growth in Oman’s digital payments ecosystem, delivering 600% higher payment volumes, 800% growth in remittances, stronger onboarding, and a user-centric, multilingual experience. Built on trust and regulatory alignment, it aims to power Oman’s Vision 2040 digital financial ambitions.
MoneyHash partnered with Saudi Amwal Tech to integrate high-limit credit card installment tools into its unified payments platform, expanding flexible payment options for Saudi merchants. The move supports faster deployment of installment services and reinforces MoneyHash’s role as a key payment infrastructure layer across the Middle East and Africa.
MoneyHash partnered with Saudi Amwal Tech to expand local payment options and installment plans for merchants. The collaboration strengthens MoneyHash’s presence in Saudi Arabia and simplifies how businesses add new payment methods, supporting stronger digital payment adoption and more flexible customer experiences across the region.
Visa has launched a new regional hub объединяющий Saudi Arabia, Bahrain, and Oman under one leadership structure as part of its CEMEA growth strategy. Led by Group Country Manager Ali Bailoun from Riyadh, the hub aims to accelerate digital payments, strengthen collaboration with banks, fintechs, and merchants, and support national transformation agendas such as Saudi Vision 2030. The move enhances Visa’s agility and regional impact.
Abu Dhabi has launched the FinTech, Insurance, Digital and Alternative Assets (FIDA) cluster to accelerate growth in next-generation financial services. Approved by Sheikh Khaled bin Mohamed bin Zayed and unveiled at Abu Dhabi Finance Week 2025, the initiative is projected to add AED56 billion to GDP by 2045, create 8,000 jobs, and attract AED17 billion in investment. The cluster will strengthen digital assets, fintech, insurance, ESG finance, and alternative investments while reinforcing Abu Dhabi’s position as a global financial innovation hub.