Abu Dhabi Islamic Bank (ADIB) announced the launch of the region’s first tokenised, contactless payment methods through the options of clasp and ring “ADIB PAY”

Visa has placed 5,300 contactless payment terminals at authorised FIFA venues, making FIFA World Cup Qatar 2022 the largest payment-enabled FIFA event ever.

The demand for innovative and secure digital commerce solutions has accelerated, requiring Fintechs to evolve and grow faster than ever due to the onset of the COVID-19 pandemic. Working alongside startups, financial companies and leading payments technology companies such as Visa will ensure we can address these challenges and innovate new solutions that will drive financial inclusion across the GCC region.

“We are proud to partner with VFS Global to provide unmatched convenience to our members and employees for their visa and passport requirements. Through this joint initiative, we offer Indian and Philippine residents an additional avenue to renew their passports. It also helps residents of Najran as they can apply from a comfortable location,” said Mohaimeed Saleh Al Salem.

“The launch of our UAE acquiring solution allows us to offer merchants the local solution they have been looking for. We are ready to reduce the pain points merchants currently see in the UAE market.”