By 2020 more transactions will be completed with digital payments than cash in the UAE. That’s according to the digital payments service company, Triple, which says that 75% of transactions in the UAE currently use cash, but that figure is set to plunge. It’s as demand is increasing for technology such as mobile wallets, electronic payments and global money transfers. Triple adds that consumers, including the ‘unbanked', are looking for more convenient ways to spend, send and receive money.

UAE, Arab states condemn US ambassador remarks on Israel
Emirates cancels New York flights as snowstorm hits eastern US
Dubai Police block 232 drug websites, aid global arrests in drugs crackdown
RTA announces Phase II of Hessa Street Project as Phase I nears completion
