Payment’s modernization is a critical component of digital transformation, a trend that continues to gain momentum globally. In the UAE alone, non-cash payments are expected to account for 80% of transaction volume in 2024, according to a recent study by McKinsey. Additionally, according to ResearchandMarkets.com, the MEA’s embedded payment industry is projected to grow at a rate of 28.5% CAGR from 2023-2030, with revenues expected to exceed $24 billion by 2030. It is evident that digital payments are here to stay.
So, how can financial institutions prepare and capitalize on the trend towards digital to stay relevant and grow their business? During this executive roundtable, participants will hear from industry experts from XYZ, XYZ, and Volante, and are invited to engage in the discussion.