Monday 25 July 2016
 
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Online payments

Regional online payments on track to top $69bn

The volume of online payments in the Arab world could increase nearly three times by the year 2020 to reach more than $69 billion of transactions per annum, a report said. The region saw a 23 per cent increase in online payments d

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Zain Bahrain inks payments deal with BENEFIT

Telecom operator Zain Bahrain has partnered with BENEFIT paving the way for its customers to process online transactions through retail banks connected with the BENEFIT electronic funds transfer system (EFTS) service, reported the Gulf Daily

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Visa, Stripe partner to boost online commerce

Visa and Stripe, a mobile and online payment provider, have entered into a strategic partnership to support new technologies and online payment experiences for merchants, developers and consumers worldwide. Through this relationsh

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Visa, Stripe partner to boost online commerce

Visa and Stripe, a mobile and online payment provider, have entered into a strategic partnership to support new technologies and online payment experiences for merchants, developers and consumers worldwide. Through this relationsh

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Payfort launches flexible payment plan

Payfort, a leading online payment service provider, has launched its installments service in the United Arab Emirates, Saudi Arabia and Egypt. The new service that makes it easy for ecommerce merchants to offer pay-via-installment

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Virgin Mobile to offer Payfort solutions in Saudi

Virgin Mobile Saudi Arabia plans to expand the variety of payment options it offers to mobile subscribers in the Kingdom via an agreement with Payfort, a leading online payment service provider in the region. The new Saudi operato

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PayTabs enlists SRB for shari’a compliance

PayTabs, a provider of free online payment solutions for SMEs in the Middle East, has hired Shariyah Review Bureau (SRB) to help run its business in a shari’a compliant way. PayTabs is aimed at addressing the needs of the sm

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Visa launches new secure online payment service

Visa, the global leader in payments, has launched an innovative technology that provides a secure environment to help drive innovation in online and mobile commerce. Visa Token Service replaces sensitive payment account informatio

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PayPal names regional manager for Mena

PayPal, a leading company that enabling online payments, has announced the appointment of Laurent Wakim as the new regional manager for its Mena business. In this role, Wakim will be responsible for driving PayPal's growth and

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Investcorp sells UK-based online payments firm

Bahrain-based Investcorp has agreed to sell a majority stake in British online payments services firm Skrill Group to private equity group CVC Capital Partners for 600 million euros ($800 million). As part of the deal Investcorp w

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