TABLE OF CONTENTS
1 INTRODUCTION .................................................... 15
1.1 OBJECTIVES OF THE STUDY ...................................................... 15
1.2 MARKET DEFINITION .......................................................... 15
1.3 OVERVIEW OF MIDDLE EAST AND NORTH AFRICA PAYMENT PROCESSING SOLUTIONS MARKET .................................................................... 15
1.4 CURRENCY AND PRICING ....................................................... 16
1.5 LIMITATIONS ................................................................ 16
1.6 MARKETS COVERED ........................................................... 17
2 MARKET SEGMENTATION............................................. 20
2.1 MARKETS COVERED ........................................................... 20
2.2 GEOGRAPHICAL SCOPE ........................................................ 21
2.3 YEARS CONSIDERED FOR THE STUDY .............................................. 21
2.4 DBMR TRIPOD DATA VALIDATION MODEL ........................................... 22
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS ................................... 25
2.6 DBMR MARKET POSITION GRID .................................................. 26
2.7 MULTIVARIATE MODELING ...................................................... 27
2.8 PRODUCT TIMELINE CURVE ..................................................... 28
2.9 SECONDARY SOURCES......................................................... 29
2.10 ASSUMPTIONS ............................................................... 29
3 EXECUTIVE SUMMARY ............................................... 30
4 PREMIUM INSIGHTS ................................................. 32
4.1 PAYMENT PROCESSING SOLUTIONS ANALYSIS: COMPANY WISE .......................... 33
5 MARKET OVERVIEW ................................................. 37
5.1 DRIVERS ................................................................... 39
5.1.1 GROWING ADOPTION OF SMARTPHONES .................................... 39
5.1.2 INCREASED USE OF DIGITAL AND ONLINE PAYMENTS METHODS ................... 39
5.1.3 UTILIZATION OF THE INTERNET SERVICES .................................... 41
5.1.4 GROWING FOCUS TOWARDS THE REAL-TIME PAYMENT SOLUTIONS AND ALTERNATIVE SOLUTION OVER CASH........................................ 41
5.2 RESTRAINT .................................................................. 42
5.2.1 LACK OF STANDARDIZATION IN SECURE PAYMENT PROCESSES ................... 42
5.3 OPPORTUNITIES .............................................................. 42
5.3.1 INCREASING ADOPTION BY THE BANKING SECTOR ............................. 42
5.3.2 GOVERNMENT INITIATIVES AND PROMOTION TO ADOPT DIGITAL PAYMENTS .......... 43
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Middle East & North Africa Payment Processing Solutions Market - Industry Trends and Forecast to 2027
5.3.3 GROWING YOUTH POPULATION AND INTEREST FOR DIGITAL TECHNOLOGY AMONG THEM ............................................................... 43
5.4 CHALLENGES ................................................................ 45
5.4.1 MAJOR DEPENDANCY ON CASH TRANSACTIONS ............................... 45
5.4.2 AMBIGUITY IN THE CUSTOMERS' MIND REGARDING ONLINE TRANSACTIONS.......... 46
6 MIDDLE EAST AND NORTH AFRICA PAYMENT PROCESSING SOLUTIONS MARKET, BY PAYMENT ...................................................... 48
6.1 OVERVIEW .................................................................. 49
6.2 E-WALLET ................................................................... 50
6.3 CREDIT CARD ................................................................ 50
6.4 DEBIT CARD ................................................................. 50
6.5 PREPAID CARD .............................................................. 51
7 MIDDLE EAST AND NORTH AFRICA PAYMENT PROCESSING SOLUTIONS MARKET, BY ORGANIZATION SIZE .............................................. 52
7.1 OVERVIEW .................................................................. 53
7.2 LARGE ORGANIZATION ......................................................... 54
7.3 SMALL AND MEDIUM ORGANIZATION .............................................. 54
8 MIDDLE EAST AND NORTH AFRICA PAYMENT PROCESSING SOLUTIONS MARKET, BY VERTICAL ...................................................... 55
8.1 OVERVIEW .................................................................. 56
8.2 RETAIL ..................................................................... 57
8.2.1 E-WALLET ............................................................ 58
8.2.2 CREDIT CARD ......................................................... 58
8.2.3 DEBIT CARD .......................................................... 58
8.2.4 PREPAID CARD ........................................................ 58
8.3 HEALTHCARE ................................................................ 58
8.3.1 E-WALLET ............................................................ 59
8.3.2 CREDIT CARD ......................................................... 59
8.3.3 DEBIT CARD .......................................................... 59
8.3.4 PREPAID CARD ........................................................ 59
8.4 RESTAURANT ................................................................ 60
8.4.1 E-WALLET ............................................................ 60
8.4.2 CREDIT CARD ......................................................... 60
8.4.3 DEBIT CARD .......................................................... 60
8.4.4 PREPAID CARD ........................................................ 61
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Middle East & North Africa Payment Processing Solutions Market - Industry Trends and Forecast to 2027
8.5 TRAVEL .................................................................... 61
8.5.1 E-WALLET ............................................................ 61
8.5.2 CREDIT CARD ......................................................... 61
8.5.3 DEBIT CARD .......................................................... 62
8.5.4 PREPAID CARD ........................................................ 62
8.6 CONSUMER ELECTRONICS ...................................................... 62
8.6.1 E-WALLET ............................................................ 62
8.6.2 CREDIT CARD ......................................................... 62
8.6.3 DEBIT CARD .......................................................... 63
8.6.4 PREPAID CARD ........................................................ 63
8.7 TELECOMMUNICATION ......................................................... 63
8.7.1 E-WALLET ............................................................ 63
8.7.2 CREDIT CARD ......................................................... 63
8.7.3 DEBIT CARD .......................................................... 64
8.7.4 PREPAID CARD ........................................................ 64
8.8 AUTOMOTIVE ................................................................ 64
8.8.1 E-WALLET ............................................................ 64
8.8.2 CREDIT CARD ......................................................... 64
8.8.3 DEBIT CARD .......................................................... 65
8.8.4 PREPAID CARD ........................................................ 65
8.9 ENERGY & UTILITIES ........................................................... 65
8.9.1 E-WALLET ............................................................ 65
8.9.2 CREDIT CARD ......................................................... 65
8.9.3 DEBIT CARD .......................................................... 66
8.9.4 PREPAID CARD ........................................................ 66
8.10 OTHERS .................................................................... 66
8.10.1 E-WALLET ............................................................ 66
8.10.2 CREDIT CARD ......................................................... 66
8.10.3 DEBIT CARD .......................................................... 66
8.10.4 PREPAID CARD ........................................................ 67
9 MIDDLE EAST & NORTH AFRICA PAYMENT PROCESSING SOLUTIONS MARKET, BY COUNTRY ...................................................... 68
9.1.1 U.A.E ............................................................... 72
9.1.2 SAUDI ARABIA ........................................................ 76
9.1.3 ISRAEL .............................................................. 80
9.1.4 EGYPT .............................................................. 84
9.1.5 MOROCCO ........................................................... 88
9.1.6 REST OF MIDDLE EAST AND NORTH AFRICA................................... 92
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Middle East & North Africa Payment Processing Solutions Market - Industry Trends and Forecast to 2027
10 MIDDLE EAST AND NORTH AFRICA PAYMENT PROCESSING SOLUTIONS MARKET, COMPANY LANDSCAPE .............................................. 93
10.1 COMPANY SHARE ANALYSIS: MIDDLE EAST AND NORTH AFRICA .......................... 93
11 SWOT & DBMR ANALYSIS ............................................. 94
11.1 DATA BRIDGE MARKET RESEARCH ANALYSIS ........................................ 96
12 COMPANY PROFILE ................................................. 97
12.1 MASTERCARD ............................................................... 97
12.1.1 COMPANY SNAPSHOT .................................................. 97
12.1.2 REVENUE ANALYSIS .................................................... 97
12.1.3 PRODUCT PORTFOLIO ................................................... 98
12.1.4 RECENT DEVELOPMENTS ................................................ 99
12.2 PAYPAL ................................................................... 100
12.2.1 COMPANY SNAPSHOT ................................................. 100
12.2.2 REVENUE ANALYSIS .................................................. 100
12.2.3 PRODUCT PORTFOLIO ................................................. 101
12.2.4 RECENT DEVELOPMENTS ............................................... 101
12.3 WIRECARD ................................................................. 102
12.3.1 COMPANY SNAPSHOT ................................................. 102
12.3.2 REVENUE ANALYSIS .................................................. 103
12.3.3 SOLUTION PORTFOLIO ................................................. 103
12.3.4 RECENT DEVELOPMENTS ............................................... 104
12.4 NETWORK INTERNATIONAL ..................................................... 105
12.4.1 COMPANY SNAPSHOT ................................................. 105
12.4.2 REVENUE ANALYSIS .................................................. 105
12.4.3 PRODUCT PORTFOLIO ................................................. 106
12.4.4 RECENT DEVELOPMENTS ............................................... 106
12.5 INFIBEAM AVENUES LIMITED ................................................... 107
12.5.1 COMPANY SNAPSHOT ................................................. 107
12.5.2 REVENUE ANALYSIS .................................................. 108
12.5.3 SERVICE PORTFOLIO .................................................. 108
12.5.4 RECENT DEVELOPMENTS ............................................... 109
12.6 GPS ...................................................................... 110
12.6.1 COMPANY SNAPSHOT ................................................. 110
12.6.2 SERVICE PORTFOLIO .................................................. 110
12.6.3 RECENT DEVELOPMENT ................................................ 110
12.7 ALIPAY .................................................................... 111
12.7.1 COMPANY SNAPSHOT ................................................. 111
12.7.2 PRODUCT PORTFOLIO ................................................. 111
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Middle East & North Africa Payment Processing Solutions Market - Industry Trends and Forecast to 2027
12.7.3 RECENT DEVELOPMENTS ............................................... 111
12.8 FIRST DATA CORPORATION ..................................................... 112
12.8.1 COMPANY SNAPSHOT ................................................. 112
12.8.2 REVENUE ANALYSIS .................................................. 112
12.8.3 SOLUTION PORTFOLIO ................................................. 112
12.8.4 RECENT DEVELOPMENTS ............................................... 113
12.9 FIS ....................................................................... 114
12.9.1 COMPANY SNAPSHOT ................................................. 114
12.9.2 REVENUE ANALYSIS .................................................. 115
12.9.3 PRODUCT PORTFOLIO ................................................. 115
12.9.4 RECENT DEVELOPMENTS ............................................... 116
12.10 PALLADIUM PAYMENT SERVICES LLC ............................................. 116
12.10.1 COMPANY SNAPSHOT ................................................. 116
12.10.2 PRODUCT PORTFOLIO ................................................. 116
12.10.3 RECENT DEVELOPMENT ................................................ 116
12.11 PAYFORT INTERNATIONAL FZ LLC ................................................ 117
12.11.1 COMPANY SNAPSHOT ................................................. 117
12.11.2 REVENUE ANALYSIS(AMAZON) ........................................... 117
12.11.3 PRODUCT PORTFOLIO ................................................. 118
12.11.4 RECENT DEVELOPMENTS ............................................... 118
12.12 PAYTABS .................................................................. 119
12.12.1 COMPANY SNAPSHOT ................................................. 119
12.12.2 PRODUCT PORTFOLIO ................................................. 119
12.12.3 RECENT DEVELOPMENTS ............................................... 119
12.13 PAYU ..................................................................... 120
12.13.1 COMPANY SNAPSHOT ................................................. 120
12.13.2 PRODUCT PORTFOLIO ................................................. 120
12.13.3 RECENT DEVELOPMENTS ............................................... 120
12.14 TELR PTE LTD ............................................................... 121
12.14.1 COMPANY SNAPSHOT ................................................. 121
12.14.2 PRODUCT PORTFOLIO ................................................. 121
12.14.3 RECENT DEVELOPMENT ................................................ 121
12.15 THE MINT CORPORATION ...................................................... 122
12.15.1 COMPANY SNAPSHOT ................................................. 122
12.15.2 REVENUE ANALYSIS .................................................. 122
12.15.3 PRODUCT PORTFOLIO ................................................. 123
12.15.4 RECENT DEVELOPMENTS ............................................... 123
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Middle East & North Africa Payment Processing Solutions Market - Industry Trends and Forecast to 2027
12.16 2CHECKOUT ................................................................ 124
12.16.1 COMPANY SNAPSHOT ................................................. 124
12.16.2 PRODUCT PORTFOLIO ................................................. 124
12.16.3 RECENT DEVELOPMENTS ............................................... 124
13 CONCLUSION ..................................................... 125
14 QUESTIONNAIRE .................................................. 126
15 RELATED REPORTS .................................................