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Insights
02-Apr-20 Home quarantine policies to curb the spread of Covid-19 in China have been a boon for most digital services, including remote work apps, e-learning and mobile gaming, but mobile payments have suffered due to closures imposed by lockdown. [image: Xinhua]
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10-Feb-20 WhatsApp’s digital payment arm WhatsApp Pay may finally be able to roll out its services in India in a phased manner. WhatsApp counts India as its biggest market with more than 400 million users and hopes to tap these users while rolling out WhatsApp Pay. [image: AFP]
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14-Oct-19 Saudi Arabia’s payments firm HyperPay plans to expand in the Middle East and North Africa, capitalizing on opportunities presented by the government’s push towards cashless targets. The kingdom aims to raise cashless transactions to 70 percent by 2030. [image: REUTERS/Faisal Al Nasser]
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30-Sep-19 PayPal’s acquisition of a 70 percent state in GoPay will make it the first foreign platform to provide online payments in China. Though China’s payments market is led by local players, there’s still plenty of room for growth. [image: TechCrunch]
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Insights
25-Sep-19 Morocco’s e-commerce market is growing at 40%, according to AMI and Global Growth Markets. Payment preferences differ - 96% of online retail transactions are cash payments, whereas cards and digital payments dominate online travel and accommodation purchases. [image: Shutterstock]
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