Middle East Mobile Payments Market

Middle East Mobile Payments Market

Innovation is Driving the Adoption of Cashless Payments in GCC Countries

RELEASE DATE
11-Jan-2019
REGION
South Asia, Middle East & North Africa
Research Code: 9838-00-B5-00-00
SKU: IT03792-SA-MR_22784

$1,500.00

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SKU
IT03792-SA-MR_22784

$1,500.00

$1,125.00 save 25 %

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Description

Recent innovations in advanced information and communication technologies have enabled the digital transformation of financial services. As one of the fastest growing mobile network markets in the world, the Middle East represents an attractive opportunity for mobile-backed financial services solutions. The Gulf Cooperation Council (GCC) region has an adult population of more than 40 million, 65% of whom operate an account at a financial institution in 2016. This makes the region a massive opportunity for mobile payment services. Technology providers and financial institutions are leveraging rising connectivity and the converged mobile experience to deliver improved efficiency, transparency and security through mobile wallets.

Author: Lehlohonolo Mokenela

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Growth Insight

Related Research
Recent innovations in advanced information and communication technologies have enabled the digital transformation of financial services. As one of the fastest growing mobile network markets in the world, the Middle East represents an attractive opportunity for mobile-backed financial services solutions. The Gulf Cooperation Council (GCC) region has an adult population of more than 40 million, 65% of whom operate an account at a financial institution in 2016. This makes the region a massive opportunity for mobile payment services. Technology providers and financial institutions are leveraging rising connectivity and the converged mobile experience to deliver improved efficiency, transparency and security through mobile wallets. Author: Lehlohonolo Mokenela
More Information
No Index No
Podcast No
Author Lehlohonolo Mokenela
Industries Information Technology
WIP Number 9838-00-B5-00-00
Is Prebook No
GPS Codes 9A62-C1,9A64-C1,9705-C1,9657,9838-C1,9655