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UAE Card Payments Set to Exceed $150 Billion by 2025
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UAE Card Payments Set to Exceed $150 Billion by 2025

Card transactions in the United Arab Emirates are projected to reach AED565.5 billion, equivalent to $154 billion, in 2025, according to research conducted by GlobalData. This projection reflects a significant growth trend, with card payment values having risen by 13 percent year-on-year to AED511 billion last year. The increasing preference among consumers for digital transactions,...

MIDBANK Partners with Visa to Enhance Digital Payment Solutions
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MIDBANK Partners with Visa to Enhance Digital Payment Solutions

MIDBANK has entered into a long-term partnership agreement with Visa, which is recognized globally as a leader in payment technology and digital solutions. This announcement was made in an emailed press release and marks a significant step for MIDBANK in expanding its digital payment offerings. The collaboration aims to provide customers with the latest digital...