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According to the new Boston Consulting Group (BCG) report "Global Payments 2022: The New Growth Game," payment revenues in the United Arab Emirates (UAE) are expected to reach $18.7 billion by 2031.

Mobile payments have grown in popularity and are now a common form of payment all over the world. We all use it on a daily basis and with ease, pushing doubts and uncertainties aside.

Amazon is looking for a seasoned senior developer to design/build massive scale, distributed computing solutions with focus on information security. Responsibilities include driving the team’s technical direction, strategizing and shaping the long-term vision and architecture.

This service complies fully with PCI Compliance and is regulated by the UAE Central Bank. Only the Retailer can make transfers, ensuring that all payments are safe and secure. HYKE is making it even easier for retailers to manage their inventory and get products to market quickly and efficiently with this latest update.

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.

REvil, also known as Sodinokibi, came in second with 7.1%, followed by Hello Kitty and Phobos (4.8% each). Conti's Dark Web leak site also contained the names of 511 organizations, the most of any group.

International cryptocurrency technology solution company IN4X Global has introduced its new cryptocurrency payment solution to boost the financial economy of businesses all around the world.

The partnership reaffirms Mashreq's commitment to supporting the UAE's expanding FinTech sector, partnering with innovators and entrepreneurs to improve the entire customer experience at every touchpoint. Touché, a certified Oracle solution headquartered in Singapore with offices in Barcelona, Tokyo, and Dubai, offers four modules for full-service and quick-service businesses: Order@Table, Pay@Table, Benefit@Table, RoomChange@Table and Order&Pay.

The Microsoft Azure cloud implementation was also able to achieve the zero-downtime criteria for noon payments by employing Traffic Manager to redirect transactions to other regions during maintenance periods. Azure also allows noon payments to expand its performance bandwidth during peak moments, such as November's Yellow Friday Sale, when the business predicted demand surges of up to ten times the regular load.

Instant Payments Platform, set to go live in October 2022, aims to provide best in class payments services, promote financial inclusion and increase financial stability in the United Arab Emirates.