Description |
As technological developments continue to transform access to financial services across the Levant region, mobile payments have become a vital instrument for enhancing financial inclusion, especially in areas with large underbanked populations. Countries like Jordan have demonstrated significant progress in the development and adoption of mobile payment solutions, illustrating the potential of these services to improve financial accessibility. Simultaneously, other countries in the region such as Syria and Lebanon face ongoing political instability that hinder effective implementation of mobile payments. Understanding how mobile payment systems operate across different contexts in the Levant is crucial for grasping the broader landscape of financial inclusion in the region. In this report, Arab Advisors Group aims to address the following questions:
What forms of mobile payments are available across the Levant region?
Who are the main providers of mobile payments in the Levant region?
How do mobile payment services in the Levant differ in functionality, fees, and accessibility?
How do telecom and non-telecom mobile payment providers compare?
To what extent do mobile payment solutions enable users to access fundamental financial services?
What trends have emerged in the use of mobile payments in the Levant in recent years? |