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Found 24 results in 984 milliseconds.

ADIB launches its B2B marketplace

News | Online & Mobile Banking | 11 Jan 2024

The Abu Dhabi Islamic Bank has announced the launch of its ADIB Business Souq, a B2B marketplace developed to optimise the development of SMEs in the UAE.

product launch, online banking, mobile banking, digital banking, banking, SMEs, financial services, financial institutions

Payfort becomes Amazon Payment Services across MENA

News | Online Payments | 14 Dec 2020

Amazon has revealed it completed Payfort integration, three years after Souq acquisition, Gulf Business reports.

Amazon Payment Services, PayFort, MENA, acquisition, online payments, instalments, authentication, local payment methods, UEA

Banking Circle offers its USD Collection to new marketplaces

News | Online & Mobile Banking | 17 Nov 2020

Banking Circle has announced it will be offering its USD Collection solution to a wide variety of online marketplaces and sellers.

Banking Circle, product launch, USD Collection, Virtual IBAN, online banking, digital banking, payments

Egypts still-nascent ecommerce market now drawing global interest

Voice of the Industry | Expert Opinion | 04 Jul 2019

Tsipora Cohen of dLocal presents the key trends and developments in the ecommerce and payments space in Egypt

Tsipora Cohen, dLocal, Egypt, ecommerce, retail, unbanked people, Zara, Amazon, Middle East, credit card, cash, cash-on-delivery, payment method, merchant, payout, prepaid card, marketplace, SME

Souq users in the UAE redirected to a new Amazon site

News | Ecommerce | 01 May 2019

Amazon has launched a new website in the UAE, replacing Souq.com – the regional ecommerce platform it bought for USD 580 million in 2017 – with Amazon.ae.

Souq, the UAE, Amazon, ecommerce platform, Middle East, North Africa, ecommerce

Amazons Souq acquires Wing.ae for same and next-day delivery

News | Ecommerce | 08 Sep 2017

Souq has revealed its acquisition of Wing.ae, a startup that is building out a network for Prime-style same-day and next-day deliveries for various ecommerce marketplaces.

Amazon, Souq, Wing, delivery, ecommerce, marketplace, aquisition

Middle East ecommerce market can support even more players – report

News | Ecommerce | 05 Jun 2017

The Middle East ecommerce market could sustain a third major player, a report from BMI Research claims.

Middle East, ecommerce, market, player, BMI Research, online sales

PayFort rolls on card-on-delivery service for customers and merchants in UAE

News | Online Payments | 09 May 2017

PayFort, an online payments service provider in the Arab world, has announced new card-on-delivery service to help merchants offer card-on-delivery payments for their purchases.

PayFort, card-on-delivery, service, Customers, UAE, Middle East, merchants, purchases, online payments

Amazon brokers deal to buy Souq.com

News | Ecommerce | 28 Mar 2017

Amazon is buying the largest online retail platform in the Arab world Souq.com.

Amazon, deal, acquisition, Souq.com, platform, online retail, ecommerce

SOUQ.com launches Global Bookstore category on the e-platform

News | Online Payments | 27 Feb 2017

SOUQ.com, a Middle East operating online marketplace has launched its latest category- ‘Global Bookstore’, to provide customers access to over 6 million books on the platform.

Souq.com, launch, Global Bookstore, book, platform, marketlace, Middle East, online sales, merchants, retail

Amazon mulls over Mid-East potentially boosting Souq.com USD 1 bln acquisition

News | Ecommerce | 28 Nov 2016

Amazon has been reportedly in talks with the MIddle East-focused online merchant Souq.com over a potential acquisition which is valuated at USD 1 billion.

Amazon, Middle East, talks, Souq.com, USD 1 bln acquisition

SOUQ.com announces investment in InstaShop online app

News | Ecommerce | 18 Oct 2016

SOUQ.com, an online marketplace platform, has announced its investment in InstaShop, a hyperlocal online grocery ordering app.

Souq.com, InstaShop, app, investment, UAE, Dubai, ecommerce, partnership, grocery, online, marketplace

Middle East ecommerce boom expected during Ramadan

News | Ecommerce | 13 Jun 2016

Souq.com, a Middle East ecommerce platform, has informed that the combination of reduced work hours and a celebratory atmosphere causes higher consumer spending during Ramadan due to more time they spend online.

Middle East, Saudi Arabia, Qatar, ecommerce, increase, Ramadan, online sales, digital, marketplace

Ronaldo Mouchawar, Souq.com: "Cash-on-delivery is still a major part of our business"

Interviews | Interviews | 19 Apr 2016

Souq.com is dedicated to providing the best customer experience

Ronaldo Mouchawar, Souq, Cash on Delivery, business, ecommerce, marketplace, Middle East, consumer, payment methods

MasterCard partners Souq

News | Online Payments | 12 Apr 2016

MasterCard, a financial services corporation, has partnered with Souq.com, an online retail platform, to provide customers a MasterCard’s payment solution.

Souq, MasterCard, payment solution, online platform, online payments

PAYFORT integrates SADAD Account via FORT for enhanced customer ecommerce experience

News | Online Payments | 04 Apr 2016

PAYFORT, an online payment service provider, and SADAD Payment System (SADAD) have jointly launched the SADAD Service on the FORT, PAYFORT`s upgraded payment gateway.

PayFort, online sales, gateway, integration, SADAD Account, FORT, customer, ecommerce

Souq thinks global with its USD 275 mln raise, hits USD 1 bln valuation

News | Ecommerce | 29 Feb 2016

Souq, an online marketplace, has closed a funding round of over USD 275 million (AED 1 billion) rising its valuation to USD 1 billion.

Souq, raise, investment, Development, ecommerce, platform, customer, Middle East, valuation, worth, investors, hedge fund

UAE shoppers prefer cash-on-delivery for online purchases

News | Ecommerce | 24 Dec 2015

For UAE shoppers, cash is king in conducting online shopping and, therefore, cash-on-delivery is the preferred payment method, according to the ecommerce marketplace Souq.com.

UAE, shoppers, online sales, marketplace, cash-on-delivery, online purchases, internet

Souq.com sells online payment arm CashU

News | Online Payments | 24 Dec 2015

Souq.com, an ecommerce services provider, has sold its online payment arm CashU to local investors amid a uptick in mergers and acquisitions (M&A) despite the region’s economic woes.

Souq.com, sale, online payment, ARM, cashU, payment processor, online sales, Customers, mobile, ecommerce

PAYFORT releases payment options for UAE, Saudi and Egypt consumers

News | Online Payments | 03 Aug 2015

PAYFORT, an online payment service provider in the Arab world, has launched its installments service in the UAE, Saudi Arabia and Egypt, allowing ecommerce merchants to offer pay-via-installment options to customers.

PayFort, payments processor, gateway, release, UAE, Saudi Arabia, Egypt, consumers, online sales, transactions , remittance