Consumer Payments Country Snapshot: UAE

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 Consumer  Consumer

Snapshot: Snapshot:

Payments Country Payments Country

UAE UAE EMAIL ID: sales@marketresearchhub.com Website: http://www.marketresearchhub.com/


Report Highlights: 

A new report by Verdict financial, focusing on the UAE consumer payment market has been added to the vast database of Market Research Hub (MRH), titled as “ Consumer Payments Country Snapshot: UAE”. Study also discovers the online payment market in the UAE by merchant type & payment tool, as well as provides a five-year forecast for the development of the market.

The UAE market is defined by limited diffusion of payment cards and a high dependence on cash among consumers. First of all, the report considers the consumers attitude towards payment cards, online payments, P2P payments and some newer payment technologies like mobile wallets & contactless transactions. By this adoption, now companies in the UAE market are installing these tools to meet customer requirements. The government of the United Arab Emirates led various initiatives to move towards more cashless economy, such as development of various e-wallets and pre-paid cards. In spite of a relatively developed contactless payment infrastructure and merchant acceptance, Emirati consumers has made significant progress in adopting and using the technology.


Table of Contents -: MEGATRENDS PROXIMITY PAYMENTS REMOTE PAYMENTS PAYMENTS INFRASTRUCTURE & REGULATION APPENDIX


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