Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
HyperPay has secured National Payment Gateway certification from Saudi Arabia’s central bank, enabling compliant integration with national payment infrastructure and supporting the expansion of secure digital payments and e-commerce under Vision 2030 initiatives.
Jordan Kuwait Bank has partnered with BPC to modernise its digital banking and payments infrastructure, introducing a unified platform designed to improve customer experience, support SMEs and merchants, and accelerate the rollout of new digital financial services.
Mastercard and the UAE Cyber Security Council have signed an MoU to strengthen national cybersecurity resilience through policy collaboration, threat intelligence sharing, and AI-driven fraud prevention amid rising cyber risks globally.
SkipCash raised $4 million in Series A funding to expand its Tap-to-Phone POS solution, enhance infrastructure, and enter GCC markets. Serving 6,000 clients, the Qatari fintech processed over QR1 billion in 2025 and aims to simplify digital payments for merchants and consumers.
ADCB Egypt has modernised its payments infrastructure by going live with the Temenos Payments Hub, enabling ISO 20022-compliant SWIFT transactions. The move reduces manual processing, accelerates settlements, and strengthens scalability, aligning the bank with global standards while supporting Egypt’s Vision 2030 digital and financial inclusion goals.
EdfaPay has launched Smart SoftPOS in Saudi Arabia following SAMA approval, enabling merchants to accept contactless payments on Android devices without hardware terminals. The unified, API-driven platform supports banks, fintechs, and enterprises with white-label solutions, accelerating cashless adoption and modernising the Kingdom’s payments ecosystem.
Digital payments now account for 80% of all transactions in Saudi Arabia, according to Visa, as consumers rapidly move away from cash. Mobile payments alone represent 16%, driven by convenience, security, and Vision 2030 reforms that are embedding digital finance into everyday life.
Global Money Exchange has launched Global Pay, a mobile payments app powered by Comviva, to accelerate Oman’s shift toward a cashless economy. The platform enables transfers, remittances, bill payments, and QR-based merchant payments without requiring a bank account, strengthening financial inclusion and interoperability across the Sultanate’s digital ecosystem.
Network International has signed a strategic processing agreement with Saudi Sudanese Bank to deliver end-to-end digital payments, including Mastercard sponsorship and prepaid issuing. The partnership aims to modernise Sudan’s financial ecosystem, improve cross-border trade efficiency, and enable faster, safer, and more inclusive banking services.
Network International has partnered with Saudi Sudanese Bank to deliver end-to-end digital payment processing in Sudan. The agreement introduces Mastercard sponsorship, prepaid issuing, and value-added services, supporting the bank’s digital transformation and advancing modern, secure financial infrastructure across the country.