Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Checkout.com has partnered with noqodi to integrate advanced payment technology into the UAE’s financial ecosystem. This collaboration aims to enhance payment processes for businesses and consumers, offering secure, efficient, and flexible payment solutions. It will streamline transactions, boost operational efficiency, and support economic growth in the region.
Pakistan’s digital payments surged by 9% in Q1 FY25, with mobile banking and e-commerce leading the way. The Raast system’s success highlighted the shift to digital wallets and mobile platforms. With continued growth in digital services, Pakistan is on track to enhance financial inclusion and drive economic development.
Sri Lanka’s Ministry of Digital Economy has launched a program to digitize all payments to government institutions, aiming to improve efficiency and reduce fraud. The GovPay app is already connected to 16 institutions, with more expected to join by January 2025, streamlining processes and eliminating inefficiencies and corruption.
Google Wallet is set to launch in Pakistan by January 2025, alongside Egypt and Venezuela, expanding Google’s digital payment ecosystem. The launch is expected to complement existing platforms like Easypaisa and JazzCash, driving competition in the market. New updates to the Wallet ecosystem are also expected to enhance user experience.
Qi has launched SuperQi, a third-generation app aimed at transforming Iraq’s digital payments landscape. The app, developed in collaboration with Ant International, combines digital banking with lifestyle services, offering users secure payment solutions, money transfers, bill payments, and more. Qi’s goal is to enable financial inclusion and drive economic growth.
Paymob has integrated Apple Pay into its merchant network in Egypt, enabling consumers to use Apple devices for secure, seamless payments in-store, in-app, and online. This marks a significant step in transforming Egypt’s digital payments ecosystem, offering merchants and customers a modern and convenient payment solution that boosts sales and enhances experiences.
PalmPay has partnered with Jumia to enhance Nigeria’s digital payment ecosystem, allowing Jumia shoppers to pay using PalmPay wallets. This collaboration aims to improve user experience and drive the adoption of cashless transactions, signaling the beginning of a long-term partnership to boost innovation and digital payments across Africa.
Paymob has integrated Apple Pay for Egyptian merchants, marking a milestone in Egypt’s digital payments transformation. The partnership enhances consumer convenience and security, enabling contactless payments via Apple devices. This integration aligns with Egypt’s Vision 2030, promoting financial inclusion and boosting the digital economy as the nation embraces fintech innovation.
PayTabs has partnered with Concept Combined Group Kuwait to launch PayTabs Kuwait, aiming to enhance digital payment services in the country. The initiative will provide secure and efficient payment solutions, particularly for SMEs, and support Kuwait’s digital transformation goals under the ‘New Kuwait 2035’ vision.
Apple Pay has officially launched in Egypt, enabling users to make secure, contactless payments using Apple devices. The initial rollout includes partnerships with major banks like the National Bank of Egypt, Banque Misr, and CIB. This marks a significant step toward Egypt’s digital payment transformation and financial inclusion.