Press Release
Fintech Acceleration Fuels MENA’s Digital Payments Boom
Pune, December 02, 2025 – Global Data Route Analytics announces the release of its latest report, “Middle East & North Africa Digital Payments Market Size, Scope and Forecast,” highlighting the region’s accelerating transition toward a fully digital financial ecosystem. Valued at USD 229.85 billion in 2024, the MENA digital payments market is experiencing rapid expansion as consumers and businesses increasingly embrace cashless transactions driven by mobile-first usage, rising fintech adoption, and strong government-led digitalization initiatives.
For a free sample of the report, please contact us here
The study forecasts the market to reach approximately USD 534.10 billion by 2032, reflecting a robust CAGR of 11.2% between 2026 and 2032. Key factors such as widespread deployment of contactless payment technologies, cloud-based financial infrastructure, and regulatory support for open banking are catalyzing this growth. The report provides an in-depth analysis of market drivers, opportunities, challenges, and competitive dynamics shaping the region’s payment landscape.
For any inquiry related to this report, please click here
The report covers extensive segmentation, including Payment Type (P2P, B2C, B2B), Payment Mode (Mobile Wallets, Cards, QR Payments, BNPL), Deployment Mode (Cloud, On-Premise), and End Users (Retail, BFSI, Healthcare, IT & Telecom, Government, Logistics). It also provides a comprehensive regional breakdown, including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Key market participants profiled include:• Network International• PayFort• Fawry for Banking & Payment Technology Services• PayTabs• STC Pay• Tabby• Tamara• HyperPay• Telr• Mada• Visa Inc.• Mastercard Incorporated• PayPal Holdings, Inc.• Stripe, Inc.• Checkout.com• CCAvenue• Zain Cash• Bee• Emirates NBD
For discounts related to this report, explore here
About the Company
Global Data Route Analytics is a market research and consulting firm that provides businesses with data analysis, market forecasts, and tailored reports across various industries. The company uses advanced data analysis techniques, proprietary data, and an expert team to help clients understand market trends, make informed decisions, and develop strategies. They focus on delivering customized solutions, competitive intelligence, and growth strategies to help businesses succeed in their respective markets.
Media Contact:
Srushti Tungar
Global Data Route Analytics.
