Key Insights
The Mobile Payment Systems market in the Middle East and Africa (MEA) is experiencing explosive growth, projected to reach a substantial market size with a Compound Annual Growth Rate (CAGR) of 30.10% between 2025 and 2033. This surge is driven by several key factors. Firstly, the region's burgeoning mobile phone penetration, coupled with increasing internet and smartphone adoption, creates a fertile ground for mobile payment adoption. Secondly, a large unbanked population presents a significant opportunity for mobile money services to offer financial inclusion. This is further facilitated by government initiatives promoting digital financial services and a supportive regulatory environment in many MEA countries. The increasing preference for cashless transactions, fueled by convenience and security concerns, further propels the market's expansion. Finally, the rise of e-commerce and the growing popularity of mobile-based applications for various services—from ride-hailing to utility payments—are accelerating the demand for seamless and efficient mobile payment solutions. Competition is fierce amongst key players such as Klip, Vodafone Cash, PalmPay, Orange Money, Payit, BayanPay, MyFawry, STC Pay, CareemPay, Beam, MTN MoMoPay, SADAD, and HyperPay, driving innovation and improving services.
The market segmentation reveals a strong preference for proximity-based mobile payments, indicating a strong reliance on immediate, localized transaction capabilities. However, remote mobile payment solutions are also showing significant growth, particularly with the expansion of e-commerce and cross-border transactions. Geographically, while data is provided for specific African countries, the market demonstrates strong growth across the entire Middle East and Africa region, with varying levels of adoption based on factors such as infrastructure development, financial literacy, and regulatory frameworks. This highlights a significant potential for future growth, especially as infrastructure improves and financial inclusion initiatives gain momentum. The challenges include addressing concerns regarding data security and fraud, maintaining robust infrastructure, and promoting digital literacy across the diverse populations within the MEA region.

Mobile Payment Systems Industry in Middle East and Africa: A Comprehensive Market Report (2019-2033)
This insightful report provides a detailed analysis of the dynamic Mobile Payment Systems industry in the Middle East and Africa (MEA), covering the period 2019-2033. With a focus on market trends, technological advancements, and key players, this report is essential for stakeholders seeking to understand and capitalize on the significant growth opportunities within this rapidly evolving sector. The report leverages extensive market research to offer valuable insights into market size, segment analysis, competitive landscape, and future growth projections. The base year for this report is 2025, with an estimated year of 2025 and a forecast period extending to 2033, building upon historical data from 2019-2024. The total market value in 2025 is estimated at xx Million.
Mobile Payment Systems Industry in Middle East and Africa Market Composition & Trends
This section delves into the MEA mobile payment systems market's structure, identifying key trends shaping its evolution. We analyze market concentration, highlighting the market share distribution among leading players like Klip, Vodafone Egypt (Vodafone Cash), PalmPay, Orange Money, and Payit, alongside others. The report assesses the impact of innovation catalysts, such as advancements in mobile technology and increasing smartphone penetration, on market growth. Regulatory landscapes across different MEA countries are examined, including their influence on market expansion and adoption rates. Furthermore, the analysis encompasses substitute products and their competitive pressures, as well as detailed end-user profiles across various demographics and their payment preferences. Finally, the report explores M&A activities within the industry, providing insights into deal values and their strategic implications. The market is projected to reach xx Million by 2033, with a CAGR of xx%. Key metrics include:
- Market Share Distribution (2025): Proximity Payments (xx%), Remote Payments (xx%). Specific player market shares are detailed within the full report.
- M&A Deal Value (2019-2024): xx Million
- Average Transaction Value (2025): xx

Mobile Payment Systems Industry in Middle East and Africa Industry Evolution
This section provides a comprehensive analysis of the MEA mobile payment systems market's growth trajectory, technological advancements, and evolving consumer demands. We present detailed data points on market growth rates, adoption metrics, and technological shifts influencing the industry’s development. The analysis considers the impact of factors such as increased internet and smartphone penetration, growing e-commerce activity, and the increasing preference for contactless payments. We explore the evolution of payment platforms, including the transition from basic mobile money to more sophisticated solutions offering diverse functionalities such as P2P transfers, bill payments, and merchant integrations. We delve into the changing consumer landscape, examining factors like age demographics, financial literacy, and trust in digital payment platforms that drive adoption rates. The report offers a detailed timeline of key technological developments and their impact on market growth, along with forecasts that outline the future evolution of the market.
Leading Regions, Countries, or Segments in Mobile Payment Systems Industry in Middle East and Africa
This section identifies the dominant regions, countries, and segments within the MEA mobile payment systems market. We analyze the market share of proximity and remote payment types, and a country-level breakdown across MEA. The dominance of specific regions or countries is explored, with a focus on:
- Key Drivers (By Country):
- Nigeria: High mobile penetration, large unbanked population, and government initiatives supporting digital finance.
- Kenya: Established mobile money ecosystem (M-Pesa), extensive agent network, and high adoption rates.
- Egypt: Growing mobile money usage driven by increased internet access and government support.
- UAE: High digital literacy, strong regulatory framework, and investment in fintech.
- Saudi Arabia: Government-led digital transformation initiatives and growing adoption of digital payment solutions.
- Key Drivers (By Type):
- Remote Payments: Driven by factors such as increased smartphone usage, widespread internet penetration, and the increasing popularity of online shopping and digital services.
- Proximity Payments: Driven by convenience and speed, supported by the rising popularity of contactless payment methods in both developed and emerging economies.
Dominance Factors: Paragraphs providing detailed analysis of the factors contributing to the dominance of identified leading regions, countries, or segments. These will consider factors such as regulatory frameworks, technological infrastructure, consumer behavior, and competitive dynamics.
Mobile Payment Systems Industry in Middle East and Africa Product Innovations
This section highlights innovative mobile payment solutions, applications, and performance metrics within the MEA market. We showcase unique selling propositions (USPs) of various products and advancements that have improved their efficiency and security. This includes the adoption of biometric authentication, AI-powered fraud detection, and integration with other financial services. Examples include increased integration with e-commerce platforms, personalized offers, and improved customer support channels.
Propelling Factors for Mobile Payment Systems Industry in Middle East and Africa Growth
Several factors drive the growth of the MEA mobile payment systems market. These include:
- Technological Advancements: The increasing affordability and accessibility of smartphones and mobile internet have fueled the adoption of mobile payment systems.
- Economic Factors: The rise of the middle class, increasing financial inclusion, and the need for efficient and convenient payment solutions drive growth.
- Regulatory Support: Governments across MEA are implementing favorable policies and regulations to promote digital financial services, further encouraging the adoption of mobile payment systems. Examples include initiatives to reduce the cost of mobile money transactions and the introduction of open banking frameworks.
Obstacles in the Mobile Payment Systems Industry in Middle East and Africa Market
Despite significant growth potential, the MEA mobile payment systems market faces challenges:
- Regulatory hurdles: Inconsistent regulations across different countries can hinder seamless cross-border transactions and create a fragmented market.
- Infrastructure limitations: Uneven internet and mobile network coverage in certain areas can limit access to mobile payment services.
- Security concerns: Concerns around data privacy and security can deter users from adopting mobile payment systems.
- Competition: Intense competition among various mobile money operators and other digital payment providers can make it challenging for businesses to expand.
Future Opportunities in Mobile Payment Systems Industry in Middle East and Africa
Future opportunities exist in expanding mobile payment services to underserved populations, integrating with emerging technologies (such as blockchain and AI), and developing innovative solutions tailored to specific consumer needs. New market penetration in rural areas and the integration of mobile payments with other financial services (such as microloans and insurance) offer significant growth potential.
Major Players in the Mobile Payment Systems Industry in Middle East and Africa Ecosystem
- Klip
- Vodafone Egypt (Vodafone Cash)
- PALMPAY LIMITED (PalmPay)
- Orange S A (Orange Money)
- Payit Wallet (Payit)
- Bayan Payments Ltd (BayanPay)
- Fawry (MyFawry)
- Saudi Digital Payment Company (STC Pay)
- Careem (CareemPay)
- Beam AG (Beam)
- MTN Group (MTN MoMoPay)
- SADAD
- HyperPay INC
Key Developments in Mobile Payment Systems Industry in Middle East and Africa Industry
- June 2022: Egypt's Tanmeyah, a financing company, collaborated with MyFawry to expand its electronic payment network.
- June 2022: UAE's ADIB partnered with Visa to boost digital payment adoption, enhancing solutions for individual and business banking customers.
Strategic Mobile Payment Systems Industry in Middle East and Africa Market Forecast
The MEA mobile payment systems market is poised for substantial growth driven by increasing smartphone penetration, rising e-commerce adoption, and supportive government initiatives. The continued development of innovative payment solutions, coupled with improving digital literacy rates, will contribute to higher adoption rates. The market is expected to experience significant expansion in the coming years, presenting numerous opportunities for both established players and new entrants. Further details on specific market growth projections are available in the full report.
Mobile Payment Systems Industry in Middle East and Africa Segmentation
-
1. Type
- 1.1. Proximity
- 1.2. Remote
Mobile Payment Systems Industry in Middle East and Africa Segmentation By Geography
-
1. North America
- 1.1. United States
- 1.2. Canada
- 1.3. Mexico
-
2. South America
- 2.1. Brazil
- 2.2. Argentina
- 2.3. Rest of South America
-
3. Europe
- 3.1. United Kingdom
- 3.2. Germany
- 3.3. France
- 3.4. Italy
- 3.5. Spain
- 3.6. Russia
- 3.7. Benelux
- 3.8. Nordics
- 3.9. Rest of Europe
-
4. Middle East & Africa
- 4.1. Turkey
- 4.2. Israel
- 4.3. GCC
- 4.4. North Africa
- 4.5. South Africa
- 4.6. Rest of Middle East & Africa
-
5. Asia Pacific
- 5.1. China
- 5.2. India
- 5.3. Japan
- 5.4. South Korea
- 5.5. ASEAN
- 5.6. Oceania
- 5.7. Rest of Asia Pacific

Mobile Payment Systems Industry in Middle East and Africa REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 30.10% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Increasing internet penetration and growing E-commerce & M-commerce market; Increasing number of loyalty benefits in mobile environment
- 3.3. Market Restrains
- 3.3.1. Combining Data from Multiple Data Sources
- 3.4. Market Trends
- 3.4.1. Increasing internet penetration and growth of E-commerce in the region
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Mobile Payment Systems Industry in Middle East and Africa Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Type
- 5.1.1. Proximity
- 5.1.2. Remote
- 5.2. Market Analysis, Insights and Forecast - by Region
- 5.2.1. North America
- 5.2.2. South America
- 5.2.3. Europe
- 5.2.4. Middle East & Africa
- 5.2.5. Asia Pacific
- 5.1. Market Analysis, Insights and Forecast - by Type
- 6. North America Mobile Payment Systems Industry in Middle East and Africa Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Type
- 6.1.1. Proximity
- 6.1.2. Remote
- 6.1. Market Analysis, Insights and Forecast - by Type
- 7. South America Mobile Payment Systems Industry in Middle East and Africa Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Type
- 7.1.1. Proximity
- 7.1.2. Remote
- 7.1. Market Analysis, Insights and Forecast - by Type
- 8. Europe Mobile Payment Systems Industry in Middle East and Africa Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Type
- 8.1.1. Proximity
- 8.1.2. Remote
- 8.1. Market Analysis, Insights and Forecast - by Type
- 9. Middle East & Africa Mobile Payment Systems Industry in Middle East and Africa Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by Type
- 9.1.1. Proximity
- 9.1.2. Remote
- 9.1. Market Analysis, Insights and Forecast - by Type
- 10. Asia Pacific Mobile Payment Systems Industry in Middle East and Africa Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - by Type
- 10.1.1. Proximity
- 10.1.2. Remote
- 10.1. Market Analysis, Insights and Forecast - by Type
- 11. South Africa Mobile Payment Systems Industry in Middle East and Africa Analysis, Insights and Forecast, 2019-2031
- 12. Sudan Mobile Payment Systems Industry in Middle East and Africa Analysis, Insights and Forecast, 2019-2031
- 13. Uganda Mobile Payment Systems Industry in Middle East and Africa Analysis, Insights and Forecast, 2019-2031
- 14. Tanzania Mobile Payment Systems Industry in Middle East and Africa Analysis, Insights and Forecast, 2019-2031
- 15. Kenya Mobile Payment Systems Industry in Middle East and Africa Analysis, Insights and Forecast, 2019-2031
- 16. Rest of Africa Mobile Payment Systems Industry in Middle East and Africa Analysis, Insights and Forecast, 2019-2031
- 17. Competitive Analysis
- 17.1. Global Market Share Analysis 2024
- 17.2. Company Profiles
- 17.2.1 Klip
- 17.2.1.1. Overview
- 17.2.1.2. Products
- 17.2.1.3. SWOT Analysis
- 17.2.1.4. Recent Developments
- 17.2.1.5. Financials (Based on Availability)
- 17.2.2 Vodafone Egypt (Vodafone Cash)
- 17.2.2.1. Overview
- 17.2.2.2. Products
- 17.2.2.3. SWOT Analysis
- 17.2.2.4. Recent Developments
- 17.2.2.5. Financials (Based on Availability)
- 17.2.3 PALMPAY LIMITED (PalmPay)
- 17.2.3.1. Overview
- 17.2.3.2. Products
- 17.2.3.3. SWOT Analysis
- 17.2.3.4. Recent Developments
- 17.2.3.5. Financials (Based on Availability)
- 17.2.4 Orange S A (Orange Money)
- 17.2.4.1. Overview
- 17.2.4.2. Products
- 17.2.4.3. SWOT Analysis
- 17.2.4.4. Recent Developments
- 17.2.4.5. Financials (Based on Availability)
- 17.2.5 Payit Wallet (Payit)*List Not Exhaustive
- 17.2.5.1. Overview
- 17.2.5.2. Products
- 17.2.5.3. SWOT Analysis
- 17.2.5.4. Recent Developments
- 17.2.5.5. Financials (Based on Availability)
- 17.2.6 Bayan Payments Ltd (BayanPay)
- 17.2.6.1. Overview
- 17.2.6.2. Products
- 17.2.6.3. SWOT Analysis
- 17.2.6.4. Recent Developments
- 17.2.6.5. Financials (Based on Availability)
- 17.2.7 Fawry (MyFawry)
- 17.2.7.1. Overview
- 17.2.7.2. Products
- 17.2.7.3. SWOT Analysis
- 17.2.7.4. Recent Developments
- 17.2.7.5. Financials (Based on Availability)
- 17.2.8 Saudi Digital Payment Company (STC Pay)
- 17.2.8.1. Overview
- 17.2.8.2. Products
- 17.2.8.3. SWOT Analysis
- 17.2.8.4. Recent Developments
- 17.2.8.5. Financials (Based on Availability)
- 17.2.9 Careem (CareemPay)
- 17.2.9.1. Overview
- 17.2.9.2. Products
- 17.2.9.3. SWOT Analysis
- 17.2.9.4. Recent Developments
- 17.2.9.5. Financials (Based on Availability)
- 17.2.10 Beam AG (Beam)
- 17.2.10.1. Overview
- 17.2.10.2. Products
- 17.2.10.3. SWOT Analysis
- 17.2.10.4. Recent Developments
- 17.2.10.5. Financials (Based on Availability)
- 17.2.11 MTN Group (MTN MoMoPay)
- 17.2.11.1. Overview
- 17.2.11.2. Products
- 17.2.11.3. SWOT Analysis
- 17.2.11.4. Recent Developments
- 17.2.11.5. Financials (Based on Availability)
- 17.2.12 SADAD
- 17.2.12.1. Overview
- 17.2.12.2. Products
- 17.2.12.3. SWOT Analysis
- 17.2.12.4. Recent Developments
- 17.2.12.5. Financials (Based on Availability)
- 17.2.13 HyperPay INC
- 17.2.13.1. Overview
- 17.2.13.2. Products
- 17.2.13.3. SWOT Analysis
- 17.2.13.4. Recent Developments
- 17.2.13.5. Financials (Based on Availability)
- 17.2.1 Klip
List of Figures
- Figure 1: Global Mobile Payment Systems Industry in Middle East and Africa Revenue Breakdown (Million, %) by Region 2024 & 2032
- Figure 2: Africa Mobile Payment Systems Industry in Middle East and Africa Revenue (Million), by Country 2024 & 2032
- Figure 3: Africa Mobile Payment Systems Industry in Middle East and Africa Revenue Share (%), by Country 2024 & 2032
- Figure 4: North America Mobile Payment Systems Industry in Middle East and Africa Revenue (Million), by Type 2024 & 2032
- Figure 5: North America Mobile Payment Systems Industry in Middle East and Africa Revenue Share (%), by Type 2024 & 2032
- Figure 6: North America Mobile Payment Systems Industry in Middle East and Africa Revenue (Million), by Country 2024 & 2032
- Figure 7: North America Mobile Payment Systems Industry in Middle East and Africa Revenue Share (%), by Country 2024 & 2032
- Figure 8: South America Mobile Payment Systems Industry in Middle East and Africa Revenue (Million), by Type 2024 & 2032
- Figure 9: South America Mobile Payment Systems Industry in Middle East and Africa Revenue Share (%), by Type 2024 & 2032
- Figure 10: South America Mobile Payment Systems Industry in Middle East and Africa Revenue (Million), by Country 2024 & 2032
- Figure 11: South America Mobile Payment Systems Industry in Middle East and Africa Revenue Share (%), by Country 2024 & 2032
- Figure 12: Europe Mobile Payment Systems Industry in Middle East and Africa Revenue (Million), by Type 2024 & 2032
- Figure 13: Europe Mobile Payment Systems Industry in Middle East and Africa Revenue Share (%), by Type 2024 & 2032
- Figure 14: Europe Mobile Payment Systems Industry in Middle East and Africa Revenue (Million), by Country 2024 & 2032
- Figure 15: Europe Mobile Payment Systems Industry in Middle East and Africa Revenue Share (%), by Country 2024 & 2032
- Figure 16: Middle East & Africa Mobile Payment Systems Industry in Middle East and Africa Revenue (Million), by Type 2024 & 2032
- Figure 17: Middle East & Africa Mobile Payment Systems Industry in Middle East and Africa Revenue Share (%), by Type 2024 & 2032
- Figure 18: Middle East & Africa Mobile Payment Systems Industry in Middle East and Africa Revenue (Million), by Country 2024 & 2032
- Figure 19: Middle East & Africa Mobile Payment Systems Industry in Middle East and Africa Revenue Share (%), by Country 2024 & 2032
- Figure 20: Asia Pacific Mobile Payment Systems Industry in Middle East and Africa Revenue (Million), by Type 2024 & 2032
- Figure 21: Asia Pacific Mobile Payment Systems Industry in Middle East and Africa Revenue Share (%), by Type 2024 & 2032
- Figure 22: Asia Pacific Mobile Payment Systems Industry in Middle East and Africa Revenue (Million), by Country 2024 & 2032
- Figure 23: Asia Pacific Mobile Payment Systems Industry in Middle East and Africa Revenue Share (%), by Country 2024 & 2032
List of Tables
- Table 1: Global Mobile Payment Systems Industry in Middle East and Africa Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Global Mobile Payment Systems Industry in Middle East and Africa Revenue Million Forecast, by Type 2019 & 2032
- Table 3: Global Mobile Payment Systems Industry in Middle East and Africa Revenue Million Forecast, by Region 2019 & 2032
- Table 4: Global Mobile Payment Systems Industry in Middle East and Africa Revenue Million Forecast, by Country 2019 & 2032
- Table 5: South Africa Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 6: Sudan Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 7: Uganda Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 8: Tanzania Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 9: Kenya Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 10: Rest of Africa Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 11: Global Mobile Payment Systems Industry in Middle East and Africa Revenue Million Forecast, by Type 2019 & 2032
- Table 12: Global Mobile Payment Systems Industry in Middle East and Africa Revenue Million Forecast, by Country 2019 & 2032
- Table 13: United States Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 14: Canada Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 15: Mexico Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 16: Global Mobile Payment Systems Industry in Middle East and Africa Revenue Million Forecast, by Type 2019 & 2032
- Table 17: Global Mobile Payment Systems Industry in Middle East and Africa Revenue Million Forecast, by Country 2019 & 2032
- Table 18: Brazil Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 19: Argentina Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 20: Rest of South America Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 21: Global Mobile Payment Systems Industry in Middle East and Africa Revenue Million Forecast, by Type 2019 & 2032
- Table 22: Global Mobile Payment Systems Industry in Middle East and Africa Revenue Million Forecast, by Country 2019 & 2032
- Table 23: United Kingdom Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 24: Germany Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 25: France Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 26: Italy Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 27: Spain Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 28: Russia Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 29: Benelux Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 30: Nordics Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 31: Rest of Europe Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 32: Global Mobile Payment Systems Industry in Middle East and Africa Revenue Million Forecast, by Type 2019 & 2032
- Table 33: Global Mobile Payment Systems Industry in Middle East and Africa Revenue Million Forecast, by Country 2019 & 2032
- Table 34: Turkey Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 35: Israel Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 36: GCC Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 37: North Africa Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 38: South Africa Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 39: Rest of Middle East & Africa Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 40: Global Mobile Payment Systems Industry in Middle East and Africa Revenue Million Forecast, by Type 2019 & 2032
- Table 41: Global Mobile Payment Systems Industry in Middle East and Africa Revenue Million Forecast, by Country 2019 & 2032
- Table 42: China Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 43: India Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 44: Japan Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 45: South Korea Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 46: ASEAN Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 47: Oceania Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
- Table 48: Rest of Asia Pacific Mobile Payment Systems Industry in Middle East and Africa Revenue (Million) Forecast, by Application 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Mobile Payment Systems Industry in Middle East and Africa?
The projected CAGR is approximately 30.10%.
2. Which companies are prominent players in the Mobile Payment Systems Industry in Middle East and Africa?
Key companies in the market include Klip, Vodafone Egypt (Vodafone Cash), PALMPAY LIMITED (PalmPay), Orange S A (Orange Money), Payit Wallet (Payit)*List Not Exhaustive, Bayan Payments Ltd (BayanPay), Fawry (MyFawry), Saudi Digital Payment Company (STC Pay), Careem (CareemPay), Beam AG (Beam), MTN Group (MTN MoMoPay), SADAD, HyperPay INC.
3. What are the main segments of the Mobile Payment Systems Industry in Middle East and Africa?
The market segments include Type .
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
Increasing internet penetration and growing E-commerce & M-commerce market; Increasing number of loyalty benefits in mobile environment.
6. What are the notable trends driving market growth?
Increasing internet penetration and growth of E-commerce in the region.
7. Are there any restraints impacting market growth?
Combining Data from Multiple Data Sources.
8. Can you provide examples of recent developments in the market?
June 2022 - Egypt's Tanmeyah a financing company has collaborated with MyFawry to facilitate the electronic collection process, in the region which expands its electronic payment network to facilitate for the existing and potential customers.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Mobile Payment Systems Industry in Middle East and Africa," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Mobile Payment Systems Industry in Middle East and Africa report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Mobile Payment Systems Industry in Middle East and Africa?
To stay informed about further developments, trends, and reports in the Mobile Payment Systems Industry in Middle East and Africa, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence