Amazon launches payment processing service in Mena
“We listened to businesses across a broad range of industries to continue improving our offering. Amazon Payment Services is a natural next step in our journey.” The digital payments business is booming, with the Covid-19 pandemic encouraging more businesses to deploy new technologies. Globally, digital payments are set to grow to $8.26 trillion in 2024 from $4.4tn this year, according to Statista. The UAE is among the countries leading this adoption. Two-thirds of people expect the country to become fully cashless by 2030, according to a recent poll by Standard Chartered. A report by US-...
Source: thenationalnews.com