stc Bahrain becomes first telecom to launch Samsung Pay, pioneering digital payments

stc Bahrain becomes first telecom to launch Samsung Pay, pioneering digital payments

This service, which is available now on My stc BH App, enables users to complete transactions for bills, add-ons, and digital gift cards with ease, reflecting stc Bahrain’s commitment to introducing innovative solutions that align with modern digital lifestyles. Manama, Bahrain: stc Bahrain, a digital enabler, has announced a significant milestone in its commitment to digital […]

Saudi Central Bank (SAMA) Issues Updated Credit Card Rules to Enhance Transparency and Lower Customer Costs

Saudi Central Bank (SAMA) Issues Updated Credit Card Rules to Enhance Transparency and Lower Customer Costs

Riyadh, Saudi Arabia – In a move aimed at enhancing transparency and reducing financial burdens on consumers, the Saudi Central Bank (SAMA) has issued updated “Credit Card Issuance and Operation Rules.” These new regulations replace the existing “Credit and Monthly Debit Card Issuance and Operation Rules” and come as part of SAMA’s broader supervisory and […]

AFS and Mawarid Finance spearhead digital transformation in credit card services

AFS and Mawarid Finance spearhead digital transformation in credit card services

Manama, Kingdom of Bahrain: In a significant leap forward for digital finance, Mawarid Finance, in strategic collaboration with Arab Financial Services (AFS), the leading digital payments solutions provider and fintech enabler across the Middle East and Africa, has officially launched a comprehensive digital application poised to redefine credit card issuance and management. This pioneering initiative […]

Kuwait’s Ottu and HyperPay join forces to revolutionize Digital Payments in MENA Region

Kuwait’s Ottu and HyperPay join forces to revolutionize Digital Payments in MENA Region

Riyadh, KSA – Ottu is proud to announce a strategic partnership with HyperPay, a leading digital payment solutions provider, through a Mutual Collaboration Agreement (MCA), marking a significant milestone in transforming the digital payments landscape across the Middle East and North Africa (MENA) region. This powerful alliance unites two of the region’s leading fintech innovators to […]

Bahrain’s Khaleeji Bank launches Visa+ Service across the GCC countries

Bahrain’s Khaleeji Bank launches Visa+ Service across the GCC countries

Manama, Bahrain – Khaleeji Bank, one of the leading Islamic banks in the Kingdom of Bahrain, has announced the launch of Visa+, a new service that enables users to send money to Visa cardholders in the GCC using only the recipient’s mobile number. Khaleeji Bank is among the first banks to offer this service, marking a significant […]

Saudi Arabia’s e-Payments surge to 79% of Retail Transactions in 2024: SAMA

Saudi Arabia’s e-Payments surge to 79% of Retail Transactions in 2024: SAMA

RIYADH – Electronic payments now account for 79 percent of all retail transactions in Saudi Arabia, up from 70 percent in 2023, marking a significant leap in the Kingdom’s transition toward a cashless economy, according to data released by the Saudi Central Bank (SAMA). The milestone reflects the Kingdom’s ongoing commitment to the Financial Sector […]

Visa and Emirates NBD Pay launch advanced Payment Gateway to enhance Digital Acceptance for Merchants

Visa and Emirates NBD Pay launch advanced Payment Gateway to enhance Digital Acceptance for Merchants

Dubai, UAE –  Visa (NYSE: V), a world leader in digital payments, and Emirates NBD Pay, a digital payment platform provided by Emirates NBD P.J.S.C., a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, have partnered to launch Cybersource, a Visa Acceptance Solutions offering. Cybersource will be incorporated into the Emirates […]

Amwal Pay Expands Its Services to Strengthen Oman’s Payment Infrastructure

Amwal Pay Expands Its Services to Strengthen Oman’s Payment Infrastructure

Muscat, Oman – March 20, 2025 – Amwal Pay, a leading provider of digital payment solutions, has announced the expansion of its services in Oman with the introduction of an integrated and advanced online payment gateway, designed to enhance the digital payments ecosystem and provide businesses with a seamless, fast, and secure payment experience. With […]

Al Ahli Bank of Kuwait-Egypt partners with Visa to expand Digital Payment Solutions

Al Ahli Bank of Kuwait-Egypt partners with Visa to expand Digital Payment Solutions

Al Ahli Bank of Kuwait – Egypt – ABK-Egypt announced the signing of a long-term strategic partnership agreement with Visa, a global leader in payment technology and digital solutions, with the objective of at offering the latest digital payment technologies to meet customer needs, introduce innovative products and services for different segments, and. and enhance its digital payment […]

Arab National Bank (anb) leverages IBM's AI-powered solution for advanced Payments Fraud Protection

Arab National Bank (anb) leverages IBM’s AI-powered solution for advanced Payments Fraud Protection

Riyadh, Saudi Arabia: Arab National Bank (anb) has partnered with IBM and ejada to implement IBM Safer Payments to deliver cross-channel fraud protection capabilities to help safeguard and empower its customers, providing greater access to advanced, secure and innovative banking experiences. anb’s adoption of IBM Safer Payments, an AI-driven solution for real-time performance monitoring and fraud prevention, […]