Middle East and Africa Mobile Payments Market Share

Market Share of Middle East and Africa Mobile Payments

The Middle East And Africa Mobile Payments is moderately concentrated and dominated by a few major players like Hyperpay, Vodafone Cash, OrangePay, MyFawry, and CareemPay These major players, with a prominent share in the market, are focusing on expanding their customer base across foreign countries.

• July 2022 - Careem payment solution has announced the acquisition with Denarii a money transfer platform, where it can expand its remittance to connect with customers by using the proprietary technology of Denarii.
• May 2022 - Mastercard has announced a partnership with Saudi Arabia's HyperPay, an e-commerce payment services provider, to boost the adoption of digital payment solutions in the Middle East and North Africa (MENA).

Middle East and Africa Mobile Payments Market Leaders

1. Vodafone Egypt (Vodafone Cash)

2. Orange S.A. (Orange Money)

3. Fawry (MyFawry)

4. Careem (CareemPay)

5. HyperPay INC

*Disclaimer: Major Players sorted in no particular order