Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
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.
JazzCash customers can now link their debit cards to Google Wallet, enabling secure, seamless tap-to-pay transactions. This integration enhances JazzCash’s payment options, offering convenience and security for millions of Pakistanis. Google Wallet’s tokenization technology ensures secure transactions, while users can also protect their information in case of theft or loss.
Visa has partnered with Google to enable Visa cardholders in Jordan to add their cards to Google Wallet, supporting contactless payments via Android and Wear OS devices. This integration promotes the adoption of digital payments, enhancing security and convenience for locals and tourists, while advancing Jordan’s cashless transaction shift.
Misr Digital Innovation (MDI) has achieved PCI DSS v4.0.1 certification, making it the first in the market to receive the latest version. This certification strengthens MDI’s cybersecurity measures and ensures the highest standards of data protection, enhancing customer trust and positioning the company as a leader in digital banking security.
Xsolla has expanded its payment options in the MENA region to better serve local gamers and boost revenue. New methods, including mobile wallets and carrier billing, are tailored to regional preferences. This expansion aims to enhance accessibility, improve trust, and drive secure transactions for game developers and publishers in MENA.