Nepal has seen a rapid shift towards digital payments, driven by the COVID-19 pandemic and improved mobile and internet access. The Payment System Oversight Report 2023/24 highlights significant growth in platforms like connectIPS, QR codes, and mobile banking, as traditional payment methods like cheques and cards show slower adoption.
HRH Prince Salman bin Hamad Al Khalifa met Crypto.com president Eric Anziani to discuss Bahrain’s commitment to advancing financial services and digital technology. During the meeting, they explored Bahrain’s role in fostering investment in fintech and received a new Mastercard prototype from Crypto.com, marking a milestone for the region.
PayTabs has partnered with Concept Combined Group Kuwait to launch PayTabs Kuwait, aiming to expand digital payment services in the country. The initiative will offer advanced payment solutions, focusing on SMEs, and align with Kuwait’s economic vision for 2035 by improving digital infrastructure and meeting growing demand for secure payment processing.
Swypex has partnered with Visa to revolutionize business payments in Egypt, offering solutions that streamline financial operations, improve efficiency, and manage corporate spending. With rapid growth since its 2024 launch, Swypex equips businesses with corporate cards and smart controls, providing real-time tracking and seamless ERP integration.
eNovate, a subsidiary of eFinance, has partnered with Mastercard to bring Card-as-a-Service (CaaS) to Egypt. The collaboration enables banks, fintechs, and institutions to access scalable digital payment solutions, aligning with Egypt’s Vision 2030 to advance digital transformation and financial inclusion.
Network International and AlWasleh have partnered to enhance buy now, pay later services in the Kingdom. This collaboration will provide seamless installment payment options, exclusive discounts, and introduce co-branded Visa credit cards, expanding AlWasleh’s reach beyond its current network of merchants.
PayerMax and Saudi Awwal Bank have partnered to revolutionize Saudi Arabia’s digital payments landscape. This strategic alliance aims to enhance merchant onboarding and facilitate global transactions, supporting the goals of Saudi Vision 2030.
PayerMax and Saudi Awwal Bank have partnered to revolutionize digital payments in Saudi Arabia, enhancing merchant onboarding and enabling global transactions. This collaboration supports the objectives of Saudi Vision 2030 by improving the digital payment landscape.
Astra Tech has launched a ‘Send Now Pay Later’ service on its BOTIM app in the UAE, a first in the MENA region. This service allows instant international transfers with deferred payment options, aiming to transform financial transactions and enhance user flexibility.
Apple Pay has been launched in Oman, supported by major banks, providing users a secure way to make contactless payments. This development, part of Oman Vision 2040, enhances the digital payment landscape alongside Samsung Pay, furthering the country’s shift towards a cashless society.
