Tag: Digital Payments
20% annual increase in mobile money accounts reported worldwide
Mobile Money Industry Processed US$1.3 Billion in Transactions Per Day in 2018
The GSMA today unveiled its eighth annual ‘State of the Industry Report on...
Western Union and Amazon to Launch New Way to Pay
The Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement, today announced it is has been engaged by Amazon to launch...
Cryptocurrencies, Blockchain Are a Rerun of The Dotcom Mania
A new Technology Quarterly report from The Economist published in the September edition examines blockchain and cryptocurrencies. Tim Cross, The Economist’s science correspondent, takes...
Dubai to Offer Digital Currency Payments
Citizens and residents of Dubai will be able to make digital currency payments for school fees, bills and retail purchases with a stable cryptocurrency...
What Are Cryptocurrencies?
A potential new form of money that offers benefits while posing risks
Hundreds of them have sprouted, with fanciful names like Primecoin, Dash, and Verge....
‘No Coffee for Bitcoin’ Starbucks Clarifies
Starbucks has clarified that it will not be accepting Bitcoin (BTC) or other cryptocurrencies as payment, despite misleading reports from mainstream media.
Earlier last Friday,...
How Will a State-issued Cryptocurrency Affect Market?
The history of the cryptocurrency is a short, but eventful, one. It was in 2009 that Bitcoin first appeared on the scene, the brainchild...
How to Shop Online Safely during Ramadan and Avoid Being Hacked
Facebook released a case study that says Facebook users in the Middle East and North Africa spend extra 57.6 hours using the platform during...
FAB Launches ‘Payit, UAE’s First Fully-featured Digital Wallet
In support of the UAE’s goal to become a cashless economy, First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the...
Apple Pay Now Available in UAE
Apple's plans for global contactless payments domination have taken another step forward with the arrival of Apple Pay in the UAE today.
The service is...
Digital Payments Giant Debuts on Fortune Future 50 List
Debuting on the first-ever Provider Debuts on ? Now that’s priceless. Coming in at No. 14 Mastercard has been recognized as a leader on...
Apple Pay To Go Live in UAE by Year’s End
Apple on Tuesday announced it is working to bring Apple Pay live in the United Arab Emirates, Denmark, Finland and Sweden by the end...
Apple Now Accepts PayPal Payment
PayPal payment is now an option offered by Apple to customers at the App Store, Apple Music, and iTunes, according to a blog post by PayPal COO...
Western Union Enables Money Transfers via Messenger
Western Union, a leader in global payments, today announced an innovative and compelling way for Facebook Messenger users in the U.S. to send money...
Start Path Global Startups Forecast a Fintech Future
Mastercard Start Path Global Startups Forecast a Fintech Future
Applications currently being accepted for Start Path Global 2017 summer class
Today, Mastercard announced opening...
Moving Money to Dubai
International money transfers are a significant topic for discussion for the approximately 7.8m expatriates living in the UAE. It’s more of an issue in...
Apple Pay, Samsung Pay, Android Pay in Competition for Your Money
The mobile payments market is developing faster than expected. In 2014 alone, it witnessed a growth of $50 billion. What is more, it is...
Adopt early to changes in Payments Industry
Close examination of the “innovation clusters”, known also as incubators for new technology aiming at consumer simplicity, now signals that an innovation in the payments industry is ready for prime time.