The Cross-Border Ecommerce Community (CBEC) enables Merchants, Payment Service Providers, ISOs and Acquiring Banks to access valuable content about mature and developing markets that can support strategic decision-making. Read more
More to be found in the Cross-border Ecommerce Report – UAE
Domestic and Preferred Card Schemes
• Visa is the preferred credit card scheme in the UAE, with over 60% share
Alternative Payment Methods
• PayPal: PayPal has one million active users from the Arab world. In the UAE it is possible to set up a PayPal account and open a USD account in a local bank to receive payments. Nevertheless, the customers would need to be charged in USD, as PayPal does not accept AED as a currency
• CashU: CashU is a Dubai-based electronic payment solution developed specifically for the Arab speaking world. CashU is used by thousands of international merchants in the MENA region
• OneCard: OneCard is a prepaid reloadable solution that was launched in Saudi Arabia in 2004. Users simply charge their OneCard account with their prepaid cards and other charging methods
Read an in-depth overview (including sources) of card schemes, alternative payment methods, online payment methods in the UAE and how to increase conversion by using the payment methods in the downloadable country report.
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