Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
BENEFIT revealed its 2025-2026 strategy focusing on SME payment solutions, cross-border interoperability, AI partnerships, and global expansion to strengthen Bahrain’s digital finance ecosystem.
Beyon Money Business and EazyPay have joined forces to launch a co-branded POS solution integrating digital wallet features with a trusted payment network, offering Bahrain’s merchants enhanced payment flexibility, real-time analytics, faster settlements, and new earnings opportunities, thereby advancing the country’s fintech ecosystem.
Pay10’s licensing by Bahrain’s Central Bank is a key step in expanding its fintech footprint, enabling it to offer real-time, mobile-first payment solutions integrated with Bahrain’s domestic rails. This supports the Kingdom’s financial inclusion goals amid rapid digital transaction growth. Pay10 targets SMEs underserved by traditional systems, providing a modern, scalable platform for diverse payment needs.
Google Pay has expanded to Lebanon and Oman, providing secure contactless payments on Android and Wear OS devices. The service integrates with Google Wallet, offering enhanced payment security via tokenization and dynamic codes.
Tawasul Transport and Mbank launched AE Coin, a UAE-dirham pegged stablecoin, enabling digital payments for Abu Dhabi taxi fares via the AEC Wallet app. The initiative supports the UAE’s smart mobility and digital government goals, with plans to broaden adoption across the country.
Vantage Payment Systems and Mastercard have partnered to boost Morocco’s digital payment ecosystem, introducing new Mastercard-branded cards, blockchain tokenization, and digital wallets. The collaboration enhances financial inclusion and aligns Morocco’s fintech scene with international standards amid increasing digital adoption.
NBB and Batelco have partnered to offer businesses in Bahrain integrated connectivity and payment solutions, combining Batelco’s corporate services with NBB GO’s mobile POS technology. This initiative aims to streamline operations, promote cashless payments, and support the country’s digital economy growth.
Mastercard and Vantage Payment Systems have partnered to expand digital payment technologies and financial inclusion in Morocco. The collaboration will enhance Mastercard card acceptance across multiple channels and introduce secure, advanced solutions such as tokenization and digital wallets, supporting Morocco’s growing digital economy.
Jumia partners with Diar Dzair to launch Buy Now, Pay Later service in Algeria, enhancing online shopping accessibility and digital finance adoption. This initiative aims to boost sales and overcome payment barriers in Algeria’s cash-based retail environment, supporting the growth of the country’s digital economy and e-commerce market.
Mastercard leads Egypt’s cashless economy shift through tokenization and AI-driven cybersecurity, boosting secure digital payments and financial inclusion. Innovations like Apple Pay and fraud prevention tools enhance user trust and experience, while supporting Egypt’s growing e-commerce and fintech sectors.