MENA

Ooredoo and Huawei Partner on Mobile Money in MENA Region

Ooredoo and Huawei Partner on Mobile Money in MENA Region
Ooredoo and Huawei Partner on Mobile Money in MENA Region
March 06, 2023  |  Financial Inclusion

Ooredoo and Huawei have partnered on mobile money in the Middle East and North Africa. This collaboration will provide Huawei’s FinTech and mobile money platform...

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Tazapay Adds Open Banking With Volt’s Help
Tazapay Adds Open Banking With Volt’s Help
February 28, 2023  |  Partnerships

Singapore’s Tazapay has teamed with Volt to add open banking to its payments offerings. The collaboration, announced in a Tuesday (Feb. 28) news release, will...

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Travelex Launches Middle East Wholesale Banknote Business
Travelex Launches Middle East Wholesale Banknote Business
February 28, 2023  |  Travel Payments

Foreign exchange company Travelex has launched a wholesale banknote business in the Middle East. The new operation, announced Tuesday (Feb. 28), comes amid continued consumer...

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Legacy Payments Infrastructure Holds Small Merchants Back in Emerging Markets
Legacy Payments Infrastructure Holds Small Merchants Back in Emerging Markets
February 16, 2023  |  Digital Payments

The imbalance between payments issuance and acceptance is a major pain point in emerging markets. According to Islam Shawky, co-founder and CEO at Cairo-based digital...

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Saudi FinTech Hala Acquires Paymennt.com
Saudi FinTech Hala Acquires Paymennt.com
February 15, 2023  |  Partnerships

Saudi FinTech Hala is expanding its payments offering with the purchase of Paymennt.com. The deal, announced in a Wednesday (Feb. 15) news release, will help...

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Visa and Tingo Debut Super App for Africa’s Farmers
Visa and Tingo Debut Super App for Africa’s Farmers
February 14, 2023  |  Financial Inclusion

Nigerian Agri-FinTech company Tingo has teamed with Visa to launch digital payment offerings in Africa. The partnership, announced in a Tuesday (Feb. 14) news release,...

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UAE Plans Digital Dirham to Promote Cross-Border Payments
UAE Plans Digital Dirham to Promote Cross-Border Payments
February 13, 2023  |  CBDC

The United Arab Emirates (UAE) is preparing to launch a central bank digital currency. The Gulf nation announced its digital currency plans Sunday (Feb. 12)...

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Carrefour Rolls Out Facial Biometric Payment in UAE
Carrefour Rolls Out Facial Biometric Payment in UAE
February 10, 2023  |  Biometrics

Carrefour has enabled facial recognition as a means of verifying payments in the UAE. The retailer, which is operated as a franchise by Majid Al...

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