⚡️ UAE🇦🇪: Checkout.com🇬🇧 and Visa Launch Push-to-Card Solution

Morgan Ellis

⚡️ UAE🇦🇪: Checkout.com🇬🇧 and Visa Launch Push-to-Card Solution

Citizens can now send money directly to the recipient's debit or credit card. Arab merchants celebrate.

👉 As expected, Checkout.com handles real-time internal transactions and AFT payments, which are rapidly gaining popularity.

👉 Context: Since 2020, the steady rise of digital commerce in the MENA region has fueled a 658% surge in digital payment volumes. A British study also found that during this period, the number of consumers making online purchases at least once a day has increased by 80%.

👉 Another context: digital transformation in the Middle East has been driven by the integration of Business-to-Business (B2B) Software-as-a-Service (SaaS) technologies, which have improved employee and customer efficiency by reducing operational costs and automating labor-intensive processes.

👉 Interesting fact: currently, Visa Direct, the partner of Checkout, covers 190 markets and offers the use of 8.5 billion cards, accounts, and wallets.

#news #Middle_East #Europe

🏦 Payouter.com — looking for traders for processing in 🇮🇳 India: P2P, P2C, Intent. We are waiting for you

newsMiddle_EastEurope

Comments