Middle East and Africa Mobile Payments Industry Overview
The Middle East And Africa Mobile Payments is moderately concentrated and dominated by a few major players like Hyperpay, Vodafone Cash, OrangePay, MyFawry, and CareemPay These major players, with a prominent share in the market, are focusing on expanding their customer base across foreign countries.
- July 2022 - Careem payment solution has announced the acquisition with Denarii a money transfer platform, where it can expand its remittance to connect with customers by using the proprietary technology of Denarii.
- May 2022 - Mastercard has announced a partnership with Saudi Arabia's HyperPay, an e-commerce payment services provider, to boost the adoption of digital payment solutions in the Middle East and North Africa (MENA).
Middle East and Africa Mobile Payments Market Leaders
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Vodafone Egypt (Vodafone Cash)
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Orange S.A. (Orange Money)
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Fawry (MyFawry)
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Careem (CareemPay)
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HyperPay INC
- *Disclaimer: Major Players sorted in no particular order
