Mobeewave is rolling out its mobile point of sale technology in the United Arab Emirates, a country that still has very high cash usage despite government initiatives to encourage digital payments.
Dubai-based ride-hailing app Careem Networks FZ has revealed a cyber incident in January where hackers gained access to systems that hold customer and driver account data.
Vienna-based paysafecard, which enables unbanked consumers to make online payments using a service backed by a prepaid card, is expanding to the United Arab Emirates.
International payments technology provider Cardtek has created the emPAY mobile wallet with partner Emcredit to develop a nationwide payment platform in the United Arab Emirates.
The National Bank of Abu Dhabi (NBAD) has introduced real-time payments leveraging blockchain technology from Ripple, providing a new approach for the bank’s UAE-based customers to send and receive payments across borders.
