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
PayerMax and Saudi Awwal Bank have partnered to revolutionize digital payments in Saudi Arabia, enhancing merchant onboarding and enabling global transactions. This collaboration supports the objectives of Saudi Vision 2030 by improving the digital payment landscape.
Astra Tech has launched a ‘Send Now Pay Later’ service on its BOTIM app in the UAE, a first in the MENA region. This service allows instant international transfers with deferred payment options, aiming to transform financial transactions and enhance user flexibility.
Apple Pay has been launched in Oman, supported by major banks, providing users a secure way to make contactless payments. This development, part of Oman Vision 2040, enhances the digital payment landscape alongside Samsung Pay, furthering the country’s shift towards a cashless society.
The Emirates Publishers Association has partnered with Network International to offer digital payment solutions to UAE publishers, enhancing sales processes and reducing costs. This strategic alliance will provide secure payment processing and support the growth and sustainability of the local publishing industry.
Network International has partnered with Tabby to offer UAE eCommerce merchants BNPL options, allowing consumers to split purchases into four interest-free payments. This collaboration aims to enhance online shopping experiences and expand digital payment methods in the region.
SETTLE, an Egypt-based B2B payment platform, raised $2 million in pre-seed funding to expand globally and enhance its financial operations platform. The funding will support SETTLE’s aim to provide businesses with tools for real-time financial decision-making and streamline B2B payment processes.
tpay, a leading payment gateway in META, has launched a significant rebranding to highlight its decade-long growth and dominance in mobile payments. This strategic repositioning emphasizes tpay’s commitment to simplifying digital transactions and enhancing economic growth through secure and innovative payment solutions.
Mastercard is advancing a digital payment initiative in Bangladesh, highlighted by their “Stunning Sydney 2024” campaign, aimed at reducing cash transactions. The campaign, encouraging digital payments during Eid-ul-Adha, aligns with Bangladesh’s goal to transition towards a cashless society.
Nepal’s digital payment landscape has grown significantly, with a notable decline in cheque usage and a surge in mobile and QR code transactions. This growth is fueled by cost savings and government incentives like VAT refunds on digital transactions at hospitality venues.
SETTLE, an Egypt-based B2B payment platform, has raised $2 million in pre-seed funding to enhance digital financial operations. With this investment, SETTLE aims to revolutionize B2B payments by enabling real-time financial management and streamlining business processes.