Did you know that the volume of online payments in Arab world is estimated to reach US$69 billion by 2020. UAE has the highest consumer acceptance of 71% to pay online by country followed by KSA (58%), Qatar (54%) and Kuwait (53%). Check out our infographic "The State of Online Payment in Middle East" for latest statistics and trends.
Infographics by GO-Globe Web design Qatar
To Publish this Image on your Blog or Website . Copy this code
Consumer Acceptance to pay online by Country
Country | %age |
UAE | 71% |
KSA | 58% |
Egypt | 51% |
Kuwait | 53% |
Lebanon | 49% |
Jordan | 52% |
Qatar | 54% |
The UAE Mobile Wallet Project is expected to see AED50 billion ($13.6 billion) in payments switched from cash to mobile, a 35 percent market share, within five years.
Estimated Credit Card Penetration by Country
Country | %age |
Kuwait | 97% |
UAE | 89% |
Saudi Arabia | 45% |
Qatar | 45% |
Lebanon | 15% |
Preferred online payment methods Middle East
Payment Method | %age |
Credit Card | 45% |
Debit Card | 11% |
Net Banking | 9% |
Store Specific Card | 3% |
Digital Payment System / E-wallet | 1% |
Top MENA countries with highest ranking of Mobile Banking Adoption
Country | %age |
Saudi Arabia | 60% |
UAE | 52% |
Egypt | 46% |
Jordan | 40% |
Lebanon | 31% |