Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Oman’s Global Money Exchange has launched Global Pay, a mobile payments app powered by Comviva’s mobiquity® Pay platform. The solution enables bill payments, remittances, and merchant transactions, aligning with Oman’s digital transformation agenda and supporting cashless adoption, financial inclusion, and modern payment experiences.
FABMISR has launched a new electronic POS service to expand digital payment acceptance across Egypt. The solution enables secure card and contactless transactions for in-store merchants, extending the bank’s online payments ecosystem and supporting Vision 2030, financial inclusion, and the country’s transition toward a cash-light economy.
Floward has launched the prepaid Floward Card in Bahrain with SimpliFi, INFINIOS, and Mastercard, transforming cash gifting into a digital-first experience. The card allows recipients to shop freely while pairing fintech convenience with emotional gifting, aligning perfectly with Bahrain’s advanced cashless and fintech ecosystem.
Egypt has licensed tpay to enable direct carrier billing for government services, allowing citizens to pay utilities, fines, and official fees through mobile balances. The move expands access for unbanked users, simplifies transactions, and strengthens Egypt’s shift toward inclusive, mobile-first digital payments.
Nearly six in ten consumers in Kuwait now rely primarily on digital payments, according to Visa. Cash use is falling across everyday categories, with peer-to-peer payments seeing the sharpest decline. Convenience, security, and rewards are driving the shift toward cards and mobile wallets.
Pakistan is accelerating its shift toward a cashless economy as finance officials engage Visa on digital payments, government digitization, and financial inclusion. The talks align with IMF-backed reforms and focus on modernizing payment rails, expanding access beyond major cities, and building trust in digital finance nationwide.
Dialog Axiata’s partnership with UnionPay International strengthens Sri Lanka’s push toward cashless payments by expanding fintech capabilities, merchant acceptance, and access to global payment networks. The collaboration supports e-commerce, MSMEs, and digital inclusion while aligning the country with regional fintech transformation trends.
Pakistan held high-level talks with Ant Group and Easypaisa to expand digital payments and fintech services, focusing on financial inclusion, cashless transactions, and digital lending. The discussions explored QR-based payments, digital banking, tokenisation, and regulated fintech frameworks to support Pakistan’s transition to a digitally enabled economy.
Jordan’s eFAWATEERcom processed JD11.57 billion in payments during 2025, while instant payments via CliQ surged 73%. The shift underscores the country’s accelerating move toward a cashless digital economy.
Bangladesh’s central bank has approved Robi’s SmartPay Limited to operate as a licensed digital payment provider, expanding the telecom’s fintech footprint and marking a major step in its financial service diversification strategy.