Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Backed by Elsewedy Group, Algebra Ventures, and El Shorouk, Octane processed over EGP 13 billion in digital transactions in 2025, serving more than 3,000 clients and managing consumption across 270,000 vehicles.
Careem Pay has expanded its remittance services across key corridors, enabling faster wallet transfers to Egypt, cash pickup in Lebanon, and enhanced options for the Philippines. With coverage in over 35 countries, the platform targets major expatriate communities, simplifying cross-border payments with speed, affordability, and convenience.
Saudi consumers are rapidly shifting away from cash, with 67 percent now relying mainly on cards and mobile payments. Visa’s latest report shows digital methods gaining ground even in everyday spending, driven by convenience, security, and rewards, aligning closely with Vision 2030’s push toward a cashless economy.
Eight in ten payments in Saudi Arabia are now digital, with mobile transactions reaching 16 percent, according to Visa. Cash use continues to fall across dining and bill payments as consumers shift toward faster, safer card and mobile options, driven by convenience, security, and rewards.
GMEC has launched Global Pay, a mobile payments app powered by Comviva, offering wallets, remittances, bill payments, and QR-based merchant acceptance. The platform supports Oman’s cashless strategy, enables interoperability across providers, and expands financial access beyond banks through a licensed non-bank payment service model.
Global Money Exchange Oman has launched Global Pay, a new mobile payments app powered by Comviva, enabling bill payments, remittances, and merchant transactions. The platform supports Oman’s cashless ambitions, strengthens digital infrastructure, and expands access to secure, inclusive financial services for consumers and businesses nationwide.