AE
Payment trends and fintech news from AE
Vodafone Cash and Al Ansari Launch UAE-to-Egypt Remittance Campaign
Vodafone Cash and Al Ansari Exchange have launched a promotional campaign offering EGP 2,000 cash back on remittances sent from the UAE to Egypt. The move targets a key economic corridor as digital financial services in Egypt compete for market share through customer incentives.
Tether Launches Visa-Backed Gold Digital Currency Card with Fasset
Tether has partnered with UAE-based Fasset to launch a Visa payment card linked to its gold-backed digital token, XAU₮. The card, set for release in several regions, aims to provide a spendable instrument for a commodity-pegged digital asset.
PayTabs Group Acquires TAPn’GO to Expand Super App Contactless Payment Ecosystem
PayTabs Group has acquired South African fintech TAPn’GO to bolster its super app ambitions with contactless payment technology. The deal is part of a wave of consolidation and partnership activity in Africa's digital payments sector, as companies race to build integrated financial platforms.
Careem Pay Expands Cross-Border Transfer Network in MENAP
Careem Pay has expanded its cross-border money transfer service from the UAE to Pakistan and Jordan, powered by an infrastructure partnership with Adyen. The move positions the super app's financial arm to compete in key remittance corridors amid broader industry activity focused on improving digital cross-border payments.
Flooss and Optty Partner to Integrate Financing into GCC Payment Flows
UAE-based Flooss has partnered with payment orchestration firm Optty to embed its digital financing products, including 'buy now, pay later,' directly into payment flows for merchants across the Gulf Cooperation Council. The deal, announced in March 2026, allows merchants using Optty's platform to offer Flooss credit options at checkout with minimal integration effort.
Botim Money partners with TerraPay to enhance global remittance services
Botim Money has partnered with TerraPay to offer expanded global remittance services, focusing on inbound transfers to Africa. The collaboration connects Botim's user platform with TerraPay's international payments network, entering a competitive market as global firms like Visa also increase their focus on North African digital payments.
UAE's NEO PAY partners with PayPal to offer digital payment services to merchants
UAE-based payment service provider NEO PAY has entered a partnership with PayPal to offer the global payment platform's services to merchants in the Emirates. The move aligns with regional efforts to deepen digital payment ecosystems and facilitate cross-border trade for small businesses.