PayTabs Group Acquires Majority Stake in PayTabs Egypt to Strengthen Digital Payment Solutions

PayTabs Group has acquired a majority stake in PayTabs Egypt, expanding its digital payment solutions in the country. The acquisition will enhance PayTabs’ ability to support local businesses, financial inclusion, and Egypt’s transition to a cashless society, while continuing to strengthen its position as a regional leader in digital payments.

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Visa Reports Strong Growth in Digital Payments in Bangladesh, With Dhaka Leading the Way

Visa’s report highlights Bangladesh’s growing digital payment adoption, with 14% increased spending and 17% more transactions in 2024. Dhaka leads this growth, while other cities like Gazipur and Rajshahi also show progress. Online and contactless payments drive the shift, with strong growth in both domestic and international transactions.

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UAE’s Aani Platform Sees Strong Growth in Digital Payments, Expanding Peer-to-Peer and Business Services

Aani, the UAE’s central bank-backed instant payment platform, has enrolled 1.5 million users and is on track to drive further digital payments adoption. The platform facilitates real-time transfers via mobile numbers, emails, and QR codes, with plans for expanded features like QR payments for businesses, international remittances, and direct debits.

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Sadad Partners with Mastercard to Launch Advanced Digital Payment Gateway in Qatar

Sadad has partnered with Mastercard to launch an advanced digital payment gateway in Qatar. Powered by Mastercard Gateway, the platform will provide secure, fast transactions and enhance e-commerce for local merchants. The partnership aims to improve customer experience, reduce fraud, and offer convenient payment methods to meet evolving consumer demands.

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