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.

Rackspace Technology®, a provider of end-to-end multicloud solutions, announced that it has been designated as a Qualified Security Assessor Company (QSAC) for the Payment Card Industry Data Security Standard (PCI DSS) in EMEA (referred to as Europe and CEMEA by the PCI SSC).

Tabby, the payments and shopping app for the Middle East and North Africa, has secured $150 million in debt financing from Atalaya Capital Management and existing investor Partners for Growth (PFG).

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.

As Middle East’s payments industry continues to evolve, PayerMax is designed to offer enhanced speed, flexibility and convenience. It is important to remember to cover payment methods that ensure maximum financial inclusivity.