United Arab Emirates Mobile Payments Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The UAE mobile payments market is expected to register a CAGR of 12.3% during the forecast period. The increasing use of mobile devices, open banking, contactless payments, and digital currency are vital drivers propelling the expansion of the market studied.
Key HighlightsThe UAE mobile payments market is moderately competitive with players such as Apple Pay, Samsung Pay, and Google Pay. Companies are introducing new offerings and continuously investing in new partnerships and acquisitions along with product development to increase their market share. Some of the key developments in the market are -
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