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The COVID-19 pandemic brought about a significant revolution in digital payments, reshaping consumer expectations.

Amazon Payment Services, a prominent digital payments provider in the Middle East and North Africa (MENA) region, has released research shedding light on the spending preferences of Generation Z (Gen Z), the demographic born between 1997 and 2012.

Mastercard and NAPS, a leading Moroccan fintech company, have initiated a collaboration to develop innovative payment solutions for individuals and businesses.

Endava, a global provider of digital transformation, agile development, and intelligent automation services, announced the publication of their 2022 Global Payments Study.

According to a study by the University of Oxford, money is a transmission route for bacteria, up to 26,000 per banknote. In many areas, the fear that banknotes or coins are a vehicle for the transmission of infection has caused some establishments or services to prohibit it. Many US restaurants have gone cashless and are using QR codes for menus.

EasyCash allows users to make online payments and access funds anywhere, whenever, and however they choose thanks to a seamless integration with Mastercard and Meeza, a statewide payment network system.

The volume of digital payments in the UAE have recovered to pre-coronavirus […]

The Checkout.com report shows that the region’s consumers have embraced e-commerce nearly universally, with 90 per cent saying they shop online, including nearly half doing so at least on a monthly basis. According to the report, COVID-19 is driving a significant share of the current e-commerce and digital payment transactions in the region.

The project brings several benefits to Careem, its customers and captains, in addition to supporting the drive towards a cashless economy in the five countries. Most significantly, it will enable Careem’s captains to instantly access money they earn for both cash and non-cash transactions, instead of waiting days for the next payment cycle.

stc pay and Visa entered into an exclusive strategic partnership to launch customer-centric financial services and digital payment solutions to stc pay customers.