Visa introduces Future of Retail Roadmap for Saudi Arabia
Visa has unveiled its Future of Retail roadmap for Saudi Arabia, an initiative that aims to accelerate growth for retailers via existing and new digital enablement offerings.
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Category: cashless
UK transport provider completes rollout of contactless payments
The initiative recently extended to include all routes marking a milestone in seamless travel payments.
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Ajman Transport Authority launches contactless payments on public buses
The Ajman Transport Authority has partnered with BPC to become the first authority in the UAE to implement contactless digital payments on public transport buses.
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Kenya mobile wallet payments market to grow by 5.7% in 2024
The Kenyan mobile wallet payments market is forecast to grow by 5.7% in 2024 to reach KES8.4 trillion ($60.1 billion).
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Qashier unveils payment-linked loyalty programme
Qashier’s new loyalty programme allows customers to earn points by tapping and paying with their linked cards at partnering merchants.
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South Africa card payments market to reach $125 billion in 2024 – GlobalData
South Africa’s card payments market is forecast to grow by 11.4% in 2024 supported by a continued shift towards non-cash payments
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DIFC-based fintech is paying businesses to go cashless
Alaan, the Middle East-based corporate card and spend management platform, is doubling down on its mission to help businesses to go cashless.
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Superbank integrates digital banking services with Grab app
Superbank has become the first bank in Indonesia to offer digital banking service directly within the Grab app.
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GlobalData: Mobile wallets dominate China payment landscape
Mobile wallets have become the dominant payment method in China, with over 84% of users utilising them for transactions in the past year.
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Saudi Arabia card payments market to grow by 7.6% in 2024
GlobalData’s Payment Cards Analytics has revealed that card payment value in Saudi Arabia registered a growth of 17.8% in 2022, followed by 9.7% in 2023 to reach SAR511.5bn ($136.4bn), driven by a rise in consumer spending.
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Reserve Bank of India to launch interoperable payment system for internet banking
In an address at the Digital Payments Awareness Week celebrations, the Governor of the Reserve Bank of India said the system will be introduced as part of its Payments Vision 2025 and will facilitate quicker settlement of funds for merchants.
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Interview: How mimojo cashback is changing spending in the UAE
Chris Shaw, CEO of mimojo and former General Manager of the Entertainer tells Seamless Xtra’s Mark Dowdall how Dubai’s new cashback app is changing the game when it comes to rewards and loyalty.
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Samsung partners with Mastercard on Wallet Express
Samsung Electronics and Mastercard have teamed up on the newly-launched Wallet Express, a service that helps banks and card issuers expand their digital wallet offerings.
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7 key insights into payments across Europe – BearingPoint
Cash is the primary form of payment across Europe, being most frequently used in Austria and Germany and least frequently used in Finland.
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UK’s Financial Conduct Authority tackles access to cash with new proposals
The UK’s Financial Conduct Authority (FCA) has laid out a set of new rules to help safeguard access to cash for customers and counteract a key challenge as a result of the world becoming increasingly digital.
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Dubai prepares biometric payments for public transport fares
Dubai’s Roads & Transport Authority recently unveiled several new projects including a smart gate for paying public transport fares through facial recognition.
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Payments Europe publishes report on the value and cost of cards in the EU
Three in four European merchants prefer digital payments over cash, and 72% prefer to accept cards over other payment methods, according to new research from Payments Europe.
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Egypt non-cash transaction volumes set to reach $16.34 billion in 2023
The Capgemini Research Institute’s 2023 World Payments Report has revealed that non-cash transaction volumes will reach 1.3 trillion globally by 2023 as consumers and businesses continue to adopt new digital payment schemes.
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Mercedes-Benz and Mastercard roll out in-car payments at the pump
Mercedes-Benz customers in Germany can now pay for fuel, digitally by fingerprint, directly from their vehicle.
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WhatsApp brings in-chat payments to India
WhatsApp is bringing in-chat payments to India as part of several new features designed to help consumers get things done with businesses more quickly.
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