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United Arab Emirates (UAE) Cards and Payments Market Opportunities and Risks Report 2021-2024

Press release content from Business Wire. The AP news staff was not involved in its creation.
United Arab Emirates (UAE) Cards and Payments Market Opportunities and Risks Report 2021-2024 - ResearchAndMarkets.com
April 12, 2021 GMT
DUBLIN (BUSINESS WIRE) Apr 12, 2021
‘United Arab Emirates (UAE) Cards and Payments - Opportunities and Risks to 2024’ report provides detailed analysis of market trends in the Emirati cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, cards, credit transfers, direct debits, and cheques during the review-period (2016-20e).
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The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2020e-24f). It also offers information on the country’s competitive l ....

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Emirates News Agency - Smart Dubai hosts roundtable for Cashless Dubai Working Group

Smart Dubai hosts roundtable for Cashless Dubai Working Group
DUBAI, 8th February, 2021 (WAM) Smart Dubai hosted a roundtable for the Cashless Dubai Working Group along with stakeholders from the government and private sectors today, to explore ways to engage the private sector in the Cashless Dubai initiative and receive their feedback and official expressions of interest.
The Dubai Government had formed the Cashless Dubai Working Group back in November 2020, bringing Smart Dubai together with various Dubai Government entities to collaborate on setting an action plan to shift all payment transactions in Dubai to secure and easy-to-use cashless platforms across all sectors, as well as to produce a calculated roadmap for the planned transition towards a cashless society. ....

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Pandemic speeds up UAE's transition to cashless ecosystem

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Pandemic speeds up UAE's transition to cashless ecosystem - News

Pandemic speeds up UAE’s transition to cashless ecosystem
issacjohn@khaleejtimes.com
Filed on December 29, 2020
A recent poll by Standard Chartered found that 73 per cent of the UAE’s respondents believe Covid-19 has made them more positive about online shopping
UAE residents also are among the top 10 globally when it comes to spending time on the internet and social media, averaging seven hours and 54 minutes daily
The Covid-19 pandemic has accelerated the UAE’s transition to a cashless society by increasing people’s trust in digital transactions and online banking, but still 63 per cent of the people in the country remain either unbanked or under-banked, a senior Dubai Economy official said on Tuesday. ....

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