Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Do you think paying for items via mobile phone will become a trend in the Arab world or is there lack of trust for e-payments and technology?

user-image
Question added by Lana Oudeh , PR Coordinator , Al Ghanem
Date Posted: 2016/12/13
Hesham Elkadi
by Hesham Elkadi , Egypt Cluster IT Business Partner , Alstom

It is not only lack of trust, it will be how we do it, some people find E-Payment process very strange and difficult to follow.

Mazerah Matano
by Mazerah Matano , Business Process Re-engineering Consultant , DECS Kenya Limited

Yes; Technology is moving fast in every corner and going paperless plus increased efficiency will make mobile payment possible. Currently, there is enough mobile security in e-payments which increases trust. 

Gregory Parker
by Gregory Parker , Radio Supervisor , Royal Navy

I hope not. Contactless is currently becoming very popular with the youth of UK, especially on a drunken night out. Us older and wiser ones, still prefer hard cash, or using an ATM. We can keep track of our spending that way. Contactless, means one could very quickly go in the red. Albeit most Arab World Nations are Tea total, so not so susceptible to unwittingly splashing out money whilst drunk. However, there are so many scams out there, and the Mid-East is full of them.

Karim Salameh
by Karim Salameh , Key Account Manager - Organized Trade , PepsiCo Inc.

The "Trend" is defined by a large number of people currently practing the action, and in the Arab world we can see that the online paymnet gatways, pioneered by Souq.com's "Payfort", online payment gateway, are attracting a large number of people in the Arab world and are fortifying their stand as a reputable payment system.

Their will always be risks attributed to any sort of online channel which is less certain in certain channels over others, but risk can only be minimized as much as possible, but always present as a factor.

Abd El Hamid Ibrahim El Desuky Abd El Latif
by Abd El Hamid Ibrahim El Desuky Abd El Latif , General Manager of Planning and Follow-Up , Alexandria Petroleum Co.

I think paying for items via mobile phone will become a trend in the Arab world as security methods became more stronger 

Numaan Khursheed Bhat Numaan
by Numaan Khursheed Bhat Numaan , Digital Media Specialist , Cheil India Pvt LTD ( A Samsung group of companies )

Paying via phone is more easy , convenient and safe. 

More Questions Like This