What's New in Payments

Visa: One in two consumers are no longer willing to shop at stores that don’t offer a fully contactless payments process

Visa Back to Business Study contactless graphic

A survey of merchants and consumers in eight countries around the world has found that the Covid-19 pandemic has resulted in “a dramatic shift to digital commerce” with nearly half of consumers (48%) saying they would not now shop at a store that only offers payment methods that require contact with a cashier or a shared device... More






What's New in Payments

Visa offers free upgrades to Apple Pay users in UAE and Saudi Arabia

Visa partners with Starbucks & Hardee’s to help promote the use of Apple Pay in KSA and UAE — MenaFN — “The promotion with Starbucks will allow Visa cardholders to upgrade the size of their latte, cappuccino or americano beverages if they pay through Apple Pay… The Hardee’s promotion will allow Visa cardholders to receive a free dessert when they buy any large meal of their choice using Visa with Apple Pay.”


What's New in Payments

Saudi Arabia and UAE to develop joint digital currency

UAE and Saudi Arabia announce launch of common digital currency ‘Aber’ — Emirates 24/7 — “The United Arab Emirates Central Bank (UAECB) and the Saudi Arabian Monetary Authority (SAMA) today announced in a joint statement the launch of the common digital currency project ‘Aber’, which will be used in financial settlements between the two countries through blockchains and distributed ledgers technologies.”



What's New in Payments

Samsung Pay adds support for discount vouchers in the UAE

Samsung Pay Vouchers launched in UAE — TradeArabia — “Starting August 29, Samsung Pay users can purchase vouchers offering 50% off in more than 200 locations across the UAE… To redeem Samsung Pay vouchers, just select the voucher in the Samsung Pay app and click ‘Use’. Pass the phone to the cashier to enter the Merchant PIN, which will display the voucher code. Show the code to the retailer and enjoy 50% off in a convenient, one-step process.”


What's New in Payments

Samsung Pay adds online payments in the UAE

Samsung Pay launches UAE online payments option — Arabian Business — “One year after it was first launched in the UAE, Samsung’s mobile payment service ‘Samsung Pay’ has been made available for online payments. Up until now, the payment service was limited to in-store retail payments, but the new launch will also [allow] users of the service to pay for goods online.”