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
Bangladesh Bank has issued a mandatory directive requiring all banks, mobile financial service providers, payment service providers and payment system…
Mastercard has announced two separate expansions of its African digital payments footprint, launching a virtual card product in Sierra Leone…
Egyptian consumer finance company mylo has enabled customers to repay installments through the InstaPay financial services app, using their mobile…
JazzCash has reached a major milestone by onboarding 1 million Raast QR-enabled merchants, solidifying its position as Pakistan’s largest digital payment network. The platform, which serves 58 million customers, processed transaction values equal to 13% of the nation’s GDP in 2025. By integrating with the state-backed Raast system, JazzCash is accelerating financial inclusion and supporting the growth of small businesses and women-led enterprises across the country.
This partnership represents a critical step toward financial inclusion by bridging the gap between digital-first FinTech programs and traditional banking infrastructure. By providing a scalable foundation for future service expansions, the collaboration empowers digital operators to offer more comprehensive, user-centric financial products that are fully supported by Egypt’s established banking network.
The collaboration between a leading local telecom operator and a global tech giant highlights the increasing convergence of connectivity and fintech in emerging markets. By providing a “one-stop” digital ecosystem, the partners intend to drive the growth of the cashless economy while ensuring the platform can handle the massive transaction scales required for a nationwide rollout.
Emirates NBD Egypt has launched Apple Pay, enabling secure, contactless payments across Apple devices with Face ID and tokenized security. The service supports in-store and online transactions, includes 50% cashback at launch, and aligns with Egypt’s national push toward digital financial transformation.
Orange Money sponsored the UNDP Digital Payments Forum in Jordan, supporting financial inclusion initiatives focused on women, farmers, and small-scale producers. The forum, held in Sweimeh, highlighted safe and accessible digital payment solutions aligned with Jordan’s national financial inclusion and digital transformation strategies.
Visa has created a new Egypt-Libya-Sudan sub-region to accelerate digital payments and financial inclusion, appointing Malak El Baba as country manager. The move strengthens regional integration, deepens partnerships, and supports government-led digital transformation across North Africa.
Google Pay is now available for Mastercard cardholders in Saudi Arabia, expanding contactless mobile payment options and supporting the Kingdom’s Vision 2030 push toward a cashless digital economy.