REUTERS:Faisal Al Nasser.jpg)
Insights
14-Oct-19 Saudi Arabia’s payments firm HyperPay plans to expand in the Middle East and North Africa, capitalizing on opportunities presented by the government’s push towards cashless targets. The kingdom aims to raise cashless transactions to 70 percent by 2030. [image: REUTERS/Faisal Al Nasser]
Read More
bennymarty:123RF.jpg)
Insights
03-Oct-19 Southeast Asia’s Internet economy will reach USD100 bn in 2019, up 39 percent from USD72 bn last year. While Malaysia, the Philippines, Singapore and Thailand are expanding at 20-30 percent, growth in Indonesia and Vietnam is over 40 percent. [image: bennymarty/123RF]
Read More
Shutterstock.jpg)
Insights
25-Sep-19 Morocco’s e-commerce market is growing at 40%, according to AMI and Global Growth Markets. Payment preferences differ - 96% of online retail transactions are cash payments, whereas cards and digital payments dominate online travel and accommodation purchases. [image: Shutterstock]
Read More
techcrunch.jpg)
Insights
19-Sep-19 Google is bringing Google Pay to businesses in India as it rushes to maintain its lead. “India has more than 60 million small and medium-sized businesses, however only a fraction of them support digital payments," said Ambarish Kenghe, product manager. [image: TechCrunch]
Read More
Asia Times.jpg)
Insights
05-Sep-19 China’s new digital payment infrastructure - face recognition - could make even QR codes seem old-fashioned. Customers simply pose in front of POS machines equipped with cameras to pay. Alipay will spend USD420 mn on the technology by 2022. [image: Asia Times]
Read More
