Wednesday 6 November 2024
 
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Electronic payments

E-payments on track to hit $69bn in Mena

Electronic-payment transactions in the Mena region will register $69 billion by 2020, making it one of the fastest growing and most competitive markets for smart payments technology, according to leading industry research. In ligh

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Electronic payments add $300bn to global GDP

Increased use of electronic payment products added $296 billion to the global GDP, while raising household consumption of goods and services by an average of 0.18 per cent per year between 2011 and 2015, a report said. The equival

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Payfort backs startup leaders meet in Cairo

Payfort, a leading online payment service provider in the region, has announced its participation and sponsorship of a major event in Egypt that will address strategies and challenges in achieving entrepreneurial success. RiseUp E

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Bahrain to implement IBAN from Jan 31

From January 21, 2012, all bank customers in Bahrain need to use an IBAN when making or receiving electronic payments through banks within Bahrain or overseas. This means a person wishing to make a payment or receive funds, both, locally a

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Bahrain campaign to promote eKiosk payments

Bahrain’s eGovernment Authority recently launched its summer awareness campaign, which aims to familiarise the public with the available electronic services with a special focus on eKiosk payment facilities. The eKiosk provides users the o

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