Beyon Money, part of Bahrain technology business Beyon Group, has secured two new licenses from the Central Bank of UAE (CBUAE). The two licenses are RPSCS (Retail Payment Services and Card Schemes) and SVF (Store Value Facilities).
The linear business model long employed by the mobile device economy is slowly starting to shift, with a number of converging factors – consumer attitudes, pricing, and an industry-wide push for sustainability – leading to an increased focus on the ide…
It’s been a busy time for cashless payments in India, with two big announcements in the past week involving the National Payments Corporation of India (NPCI), an umbrella organisation for operating retail payments and settlement systems in India.
Tawal, a leading Saudi telecommunications and IT infrastructure company, has entered into a strategic agreement with Saudi Entertainment Ventures (SEVEN), part of Qiddiya Investment Company (QIC), a wholly owned Public Investment Fund (PIF) e…