Consumer Payments Country Snapshot: UAE

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• Consumer Payments Country Snapshot UAE

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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.

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• Table of Contents
• -
• MEGATRENDSPROXIMITY PAYMENTSREMOTE
  PAYMENTSPAYMENTS INFRASTRUCTURE
  REGULATIONAPPENDIX

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