Mobile Wallets Vs Digital Banking: What’s the Difference?
High-end digital solutions such as digital banks and mobile wallets have become more prevalent in the modern period, and more people are using them to send and receive money.
High-end digital solutions such as digital banks and mobile wallets have become more prevalent in the modern period, and more people are using them to send and receive money.
The unemployment insurance scheme announced by the UAE government is effective from 1st January 2023. The scheme is introduced to offer social security during unemployment and enhance the competitiveness of unemployed people. Already 250,000 people applied to the scheme by 12th Jan 2023
The digital payments market in the MENA region is expected to reach $9 billion by 2028 (124% up from 2021). Although the UAE population still relies on cash and credit cards for payments, the new generation and the millennials have already started exploring emerging digital payment methods.
As more than half of the UAE consumers are set to use cashless payments by 2024, virtual cards have become an emerging trend among the residents. Virtual cards have become one of the region’s most popular digital payment methods, as they offer flexibility, simplified payments, speed, and security.
While the Qatar World Cup 2022 has come to its end, football fan zones are also being flooded with football fans daily. Football matches now are catching attention across the globe as it is nearing its final game on the 18th of December, 2022.
As per the survey conducted by Visa, 82% of small and medium business owners responded to using more digital payment options, including mobile wallets, to offer their customers simple and secure payment methods.
In fact, nearly 60% of these small business owners replied they would only use digital wallets to accept payments. However, this shift in trends has primarily occurred among large businesses that have the means to provide customers with various payment options.
So, let’s dive deep into what mobile wallets are and how they help you grow your small business.
As the FIFA world cup 2022 is getting more exciting, UAE experiences a heavy crowd day by day at the fan zones to watch the matches live. The fan zones are areas away from the stadium where live telecasts of the matches are arranged for the fans who did not buy tickets to watch the game.
The launch of the Digital School marked a progressive move by Dubai’s government. While the education system is transforming toward providing digital education, the school fee collection system also requires innovative solutions for cashless solutions.
While the most awaited sports event of the year, the FIFA world cup 2022, is around the corner, visitors from all over the country struggle to stay in Qatar as it will welcome 1.2 million visitors from other countries; however, if you can’t find a stay in Qatar, the UAE has good news for you!
Once you become a parent, everything changes, and one of the most significant things that will change is your expenses. While raising a child is one of the most fulfilling experiences in your life, many people conveniently forget to mention the impact on your budget.