Will Lynch
April 5, 2023

Digital Wallets Take Off in the Middle East and Africa: Ecommerce Momentum Soars

Digital Wallets Take Off in the Middle East and Africa: Ecommerce Momentum Soars

March 29, 2023

A new report from the Middle East and Africa (MEA) region has revealed that digital wallets are driving eCommerce momentum in the region. According to the report, digital wallets are becoming increasingly popular in the MEA region, with more than half of all online shoppers using them to make payments.


The report, which was conducted by the MEA Digital Wallet Association (MEADA), surveyed more than 1,000 online shoppers in the region. It found that digital wallets are the preferred payment method for more than half of all online shoppers in the MEA region. The report also found that digital wallets are being used for a variety of different purchases, including groceries, clothing, and electronics.


The report also revealed that digital wallets are becoming increasingly popular in the region due to their convenience and security. According to the report, digital wallets are seen as a secure and convenient way to make payments, as they allow users to store their payment information securely and make payments quickly and easily.


It also found that digital wallets are becoming increasingly popular due to their ability to offer discounts and rewards. According to the report, digital wallets are being used to offer discounts and rewards to customers, which is helping to drive eCommerce growth in the region.


The report also found that digital wallets are becoming increasingly popular in the region due to their ability to offer a range of payment options. The ability to offer a range of payment options also makes this an attractive option. Digital wallets are being used to offer a range of payment options, including credit cards, debit cards, and mobile payments. This is helping to make eCommerce more accessible to customers in the region.


Sources: https://www.google.com/url?rct=j&sa=t&url=https://ffnews.com/newsarticle/new-report-digital-wallets-are-driving-ecommerce-momentum-in-the-middle-east-and-africa/&ct=ga&cd=CAIyGmJkYTg4Mzc4ZWQwMWM4ZDQ6Y29tOmVuOlVT&usg=AOvVaw36QblTqQ7iTExJUJV4lvaB