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UAE mobile wallet payments to exceed $13bn in 5 years

UAE banks have agreed to move forward with a mobile wallet project which will all devices to accept mWallets payments. The Mobile Wallet Project is expected to see AED50 billion ($13.6 billion) in payments switched from cash to mobile, a 35% market share, within five years. The mWallet will be introduced in 17 of the [...]

The post UAE mobile wallet payments to exceed $13bn in 5 years appeared first on Payments Cards & Mobile.

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