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Tag: digital payments

Home » digital payments
Dubai’s RTA Completes 40% Upgrade of nol Payment System
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Dubai’s RTA Completes 40% Upgrade of nol Payment System

Dubai’s Roads and Transport Authority (RTA) has reached a significant milestone in upgrading its nol payment system, completing 40% of the project. This upgrade will shift the current card-based system to advanced account-based ticketing (ABT) technology, making public transport payments more seamless and modern. The Dh550 million project is divided into three phases and is...

HyperPay Launches HyperTap for Contactless Smartphone Payments in the UAE
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HyperPay Launches HyperTap for Contactless Smartphone Payments in the UAE

HyperPay, a digital payment solutions provider in the UAE, has launched a new payment solution called ‘HyperTap’. This innovative ‘Tap on Phone’ technology allows smartphones to function as contactless point-of-sale (POS) terminals without the need for additional hardware. The company asserts that HyperTap enhances transaction experiences for both customers and merchants by providing a seamless,...

Omnispay Secures $1.5 Million Seed Round to Enhance SME Payments in the GCC
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Omnispay Secures $1.5 Million Seed Round to Enhance SME Payments in the GCC

Omnispay, a fintech company based in the UAE, has successfully raised $1.5 million in a seed funding round led by Mercatus Capital Pte. Ltd., a Singapore-based venture capital firm. This funding round attracted participation from various regional and international investors and aims to empower small and medium-sized enterprises (SMEs) with an all-in-one platform for collecting,...

e& enterprise Partners with PayPal to Enhance Digital Payment Solutions
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e& enterprise Partners with PayPal to Enhance Digital Payment Solutions

e& enterprise, the digital transformation arm of e&, has announced a strategic partnership with PayPal, a globally recognized payment solutions provider. This three-year collaboration aims to enhance the payment capabilities available through the e& enterprise digital payments platform, enabling businesses in the UAE and beyond to offer a wider range of payment options. The integration...

Checkout.com Launches Visa Direct Push-to-Card Solution in the UAE
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Checkout.com Launches Visa Direct Push-to-Card Solution in the UAE

Checkout.com, a prominent global digital payments company, has announced the launch of Visa Direct’s Push-to-Card solution, becoming the first acquirer in the UAE to do so. This new service facilitates both cross-border and domestic transactions, enabling merchants and consumers to conduct real-time money transfers efficiently The Visa Direct platform connects over 190 markets and offers...

Aani Revolutionizes Everyday Payments in the UAE
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Aani Revolutionizes Everyday Payments in the UAE

The payment landscape in the UAE is rapidly evolving, as the instant payment system Aani gains popularity among residents. This innovative platform eliminates the need for cash or lengthy bank transfers, enabling users to send and receive money with ease. Aani facilitates transactions in seconds, whether it’s for splitting a bill with friends, sending money...