Visa has launched the Tap-to-Add Card technology in Jordan, allowing users to securely add Visa contactless cards to digital wallets with a tap. This innovation simplifies digital payment processes, enhances security, and encourages the adoption of digital wallets in Jordan, benefiting both consumers and the payments ecosystem.
Entlaq, in collaboration with the Netherlands Enterprise Agency (RVO) and the Embassy of the Netherlands, launched a Fintech Report highlighting Egypt’s growing financial technology sector. The report outlines key trends, challenges, and opportunities, positioning Egypt as a leader in MENA’s fintech space and emphasizing the importance of financial inclusion.
Bangladesh’s mobile financial services transactions are projected to exceed Tk 25 lakh crore by 2025, reflecting the rapid growth of digital financial services. The Bangladesh Bank has upgraded its RTGS system and is working on a mobile interoperability platform to further enhance financial accessibility and security.
PLDT Global has partnered with stc Pay Bahrain to offer enhanced digital financial services to Filipinos in Bahrain. The collaboration integrates PLDT Global’s digital vouchers, bill payments, and mobile top-up services into stc Pay Bahrain’s app, expanding the range of services available to the Filipino community.
Iraq’s Economic Ministerial Council, chaired by Fuad Hussein, discussed key topics, including progress on the Grand Faw Port project, the expansion of digital payments in Iraq, and strategies to address the parallel economy. The council also reviewed the status of livestock health amid a foot-and-mouth disease outbreak.
omnispay, a UAE fintech, has raised $1.5 million in seed funding led by Mercatus Capital. The company offers an all-in-one platform to simplify SME cash flow management, combining collect, pay, and borrow features. The funds will accelerate its mission to drive digital adoption and empower SMEs in the GCC region.
Basata Holding has increased its stake in MadfoatCom to 25%, enhancing digital payment services in Jordan. The strategic acquisition, in partnership with major Jordanian financial institutions, aims to expand financial inclusion and improve digital infrastructure. The collaboration focuses on enhancing payment solutions, particularly for small and medium-sized enterprises (SMEs).
Trevi, an e-payment and loyalty app, has launched in Egypt, offering secure transactions, instant cashback, and rewards with no cap. Partnering with Paymob, Trevi aims to revolutionize digital payments, targeting 11.4 million users by 2029. Upcoming features include SNPL and Lending & Leasing services for a comprehensive financial solution.
EazyPay has partnered with Receiptable to integrate digital receipt solutions into its payment ecosystem in Bahrain. The collaboration aims to enhance customer experiences with seamless, eco-friendly, and secure digital receipts, aligning with both companies’ commitment to innovation and sustainability in the financial sector.
Pass Delivery has partnered with SkipCash to introduce Card on Delivery (CoD), allowing customers in Qatar to make secure cashless payments for doorstep deliveries. This collaboration aims to streamline transactions, enhance security, and reduce cash-handling risks, contributing to Qatar’s shift toward a cashless society.
