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Mastercard Global Outlook 2021 Highlights Permanent Shift To Digital and Opportunity To Boost Financial Inclusion in the Middle East and Africa

Permanent shift away from cash in UAE: Mastercard

The continuing trend away from cash is expected to be more persistent in economies such as the UAE, which already has a resilient e-commerce infrastructure and a young, digitally savvy population, says a report.

UAE Business: Permanent shift away from cash in UAE: Mastercard

Mastercard lending momentum to unfolding digital payments landscape

Mastercard lending momentum to unfolding digital payments landscape 08:00 | 10/12/2020 Cashless payments are undoubtedly on an upward trajectory globally and regionally, highlighted by COVID-19 and governors expediting digital transformation. Safdar Khan, division president of Mastercard’s emerging markets in Southeast Asia department, shared with Celine Luu what key trends will shape the payment industry and how Mastercard creates a secure and convenient ecosystem to deliver seamless, top-notch contactless services to their customers. Safdar Khan,division president of Mastercard’s emerging markets in Southeast Asia The pandemic has been pushing digital transformation in Vietnam, which is also apparent in the growth of alternative payment means. Banks and fintech providers offer incentives to encourage cashless payment, while online grocery shopping and food delivery services jumped in demand. Retailers in Vietnam reported that orders by

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