Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Fawry and Wadi Degla Developments have partnered to introduce integrated digital payment solutions in Egypt’s real estate sector, enhancing customer experience and supporting the country’s digital economy goals under Vision 2030.
Fawry has launched Apple Pay in partnership with Banque Misr, introducing secure contactless payments across Egypt. The move strengthens Egypt’s digital payments ecosystem and allows myfawry cardholders to make quick, private, and globally recognized transactions using Apple devices.
du Pay and talabat launched a UAE-first digital wallet for delivery riders, offering instant salary payments, bill payments, remittances, and mobile top-ups through a secure, Central Bank-licensed system, enhancing financial inclusion and convenience for gig workers.
The Central Bank of Libya met with telecom operators to boost collaboration on digital payment systems, agreeing to establish a joint task force to enhance infrastructure, improve financial inclusion, and support national digital transformation.
Digital payments are driving SME growth, inclusion, and innovation across MENA and Pakistan. Visa’s latest insights reveal how collaboration, education, and fintech adoption are accelerating economic transformation and positioning the region for a digitally empowered future.
Digital payments are driving inclusion, innovation, and SME growth across MENA and Pakistan. Visa’s regional study shows rapid adoption in Egypt, Iraq, Morocco, and Pakistan, where digital infrastructure, education, and partnerships are empowering businesses and reshaping the region’s economic future.
Saudi Arabia has achieved a 79% cashless transaction rate in 2024, surpassing its 2025 target early. With 280 fintech companies now active, SAMA’s reforms and Vision 2030 programs are driving financial innovation, inclusion, and resilience — positioning the Kingdom as a leading global fintech hub.
SPAYZ.io has expanded its network to Turkey, Egypt, South Africa, and Tanzania, adding new payment integrations including Mobile Money, EFT, and bank transfers. The company will next launch in the UAE and Singapore and present its solutions at SIGMA Rome 2025.
Qatar processed 55.08 million payment transactions worth $4.58 billion in September, led by point-of-sale and e-commerce channels, according to the Qatar Central Bank. Instant payment and mobile wallet systems continue to drive financial inclusion and digital transformation nationwide.
BENEFIT and Pay10 signed an MoU to enhance Bahrain’s digital payments ecosystem through interoperability, eKYC integration, and SME support. The partnership promotes secure, cross-border, and cashless transactions aligned with Bahrain’s fintech innovation and Vision 2030 goals.