Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Contact Financial Holding and Fawry have expanded their partnership to integrate Contact’s BNPL service into Fawry’s extensive payment network. The collaboration enhances financial inclusion and supports Egypt’s digital transformation, offering customers more payment flexibility and easier access to digital financial services.
BankDhofar has partnered with Smartech to offer advanced POS solutions for SMEs in Oman. This integration of accounting and payment systems simplifies financial management, enhances cash flow, and boosts operational efficiency. The solution is tailored for retail, restaurants, and laundry services, streamlining processes and ensuring seamless payment acceptance.
Cashplus in Morocco has integrated Western Union’s money transfer services into its mobile app, enabling users to receive and send money internationally. This innovation aims to increase financial accessibility for Moroccans and residents receiving funds from abroad, contributing to the country’s growing remittance inflows.
Visa has partnered with Google to allow cardholders in Jordan to add their Visa cards to Google Wallet. This integration enables contactless payments through Android and Wear OS devices, enhancing convenience for both locals and tourists. Tokenization ensures secure transactions, aligning with the growth of cashless payments in Jordan.
Mylo, a fintech company from B.TECH, has received FRA approval to offer fully digital onboarding services in Egypt, eliminating the need for in-person KYC verifications. The service, available in key Egyptian cities, will allow users to gain instant access to credit. Mylo is expanding nationwide to increase financial inclusion.
JazzCash has integrated its debit cards with Google Wallet, allowing users to make secure and seamless tap-to-pay transactions. This enhancement strengthens JazzCash’s payment solutions portfolio and provides millions of Pakistanis with more convenient, digital financial services. The feature offers added security through tokenization technology and account protection options.
Careem Pay has expanded its remittance service to Egypt, allowing UAE residents to send money directly to Egyptian bank accounts with competitive rates and near-instant transfers. This service, which offers a 50% cost saving over banks, is launched in time for Ramadan, when remittances typically see an increase.
Visa has announced that cardholders in Jordan can now add their Visa cards to Google Wallet, enabling contactless payments via Android and Wear OS devices. This partnership with Google enhances Jordan’s digital payment ecosystem, offering a secure and seamless payment experience for locals and tourists alike.
Careem Pay has launched a new remittance service for UAE residents, allowing direct transfers to bank accounts in Egypt. The service offers competitive rates, quick transactions, and benefits for Careem Plus members. This expansion supports the UAE’s digital financial inclusion goals and addresses the needs of the Egyptian expatriate community.
Absher, Saudi Arabia’s Ministry of Interior platform, processed over 430 million transactions in 2024, including ID renewals, passport services, residency permits, and vehicle-related operations. It also facilitated over 26 million transactions on its business portal, supporting digital transformation and enhancing government service delivery across the country.