
Visa Tap to Phone adoption soars: 490% year-over-year growth in the UAE
UAE, Dubai – Tap. Pay. Done. This simple, secure, and increasingly mobile action has transformed the shopping experience and unlocked opportunities for small businesses worldwide. Today, Visa announced that Tap to Phone has experienced a 200% increase over the past year, supporting millions of sellers of all sizes. In the UAE, adoption rates have also surged, showing a growth rate 490%.
Tap to Phone expanded Visa's tap capabilities with a technology that turns a smartphone into a point-of-sale (POS) device, simply by downloading an app. This technology is helping to democratize access to commerce tools and empower microsellers and SMBs around the world to start accepting contactless payments by using their NFC-enabled smartphones.
'Tap to Phone's is a game changer for small and medium-sized businesses, offering them a secure, cost-effective way to access the digital economy,' said Salima Gutieva, Visa's VP and Country Manager for UAE. 'We're constantly innovating to expand our tap capabilities and create the best payments experiences for people and businesses. The significant growth in adoption is a testament to the technology's impact and potential.'
Empowering businesses of all sizes
From market stalls to major retailers, Tap to Phone empowers businesses of all sizes to accept payments effortlessly, creating a seamless and fast checkout experience for customers. Business owners globally report increased confidence, streamlined operations, and accelerated growth with Visa's Tap to Phone. The growing adoption of Tap to Phone is expected to continue as more businesses recognize its advantages.
In Ukraine, where NovaPost has implemented Tap to Phone for their courier services, 80% of all digital transactions are now processed through this solution. Similarly, in South Africa, Visa's partner iKhokha is leveraging Tap to Phone to provide businesses with mobile payment acceptance. As a result, iKhokha merchants have seen a 50% growth in the number of Tap to Phone transactions within six months since the launch, with continuous growth observed daily.
The Future of Tap
This upward trend for Tap to Phone is expected to continue through the next year as more consumers and businesses may begin to recognize the benefits of tap technology and more use cases may hit the market.
For example, Tap to Add Card enables users to add eligible credit or debit cards to their digital wallet by simply tapping a card to their phone. Since Tap to Add Card rolled out globally with Apple Pay in September 2024, it has picked up traction and enabled millions of tokens for more than 100 issuers, helping achieve higher authorization rates and fraud reduction rates. Visa cardholders can add their Visa cards to Apple Wallet faster than ever, with no need to manually input card details.
Visa has also developed Tap to Confirm, which allows consumers to quickly and securely authenticate a high value transfer. Tap to Confirm will be soon available across Central and Eastern Europe, Middle East and Africa (CEMEA).
About Visa Inc.
Visa (NYSE: V) is a world leader in digital payments, facilitating more than 215 billion payments transactions between consumers, merchants, financial institutions, and government entities across more than 200 countries and territories each year. Our mission is to connect the world through the most innovative, convenient, reliable, and secure payments network, enabling individuals, businesses, and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.
Media Contact
visa@edelmansmithfield.com
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Zawya
3 hours ago
- Zawya
Visa names Tareq Muhmood as Regional President for CEMEA
Arab Finance: Visa has appointed Tareq Muhmood as Regional President for Central and Eastern Europe, Middle East, and Africa (CEMEA), effective immediately, as per a press release. In his new role, Muhmood will lead operations across more than 86 dynamic and fast-growing markets, overseeing Visa's services to over 1,800 clients through 23 local offices across the region. He will be based in Dubai and report to Oliver Jenkyn, Group President of Global Markets at Visa. Muhmood brings more than three decades of experience in banking and payments. He most recently led Value-Added Services for Visa's Europe region from London. Since joining the company in 2019, he has also served as Group Country Manager for Southeast Asia, based in Singapore. Before Visa, he held senior leadership roles at Ahli United Bank, ANZ, and HSBC. He succeeds Andrew Torre, who was recently appointed President of Visa's Value-Added Services business. The unit has become a $9 billion global operation, posting annualized revenue growth of 20% since 2021. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (


Zawya
5 hours ago
- Zawya
Dubai Jewellery Group sets the stage for a Golden Summer during DSS 2025
VISA card purchases unlock instant cashback and up to AED 175,000 in jewellery vouchers up for grabs! Dubai, UAE – This Dubai Summer Surprises (DSS), the Dubai Jewellery Group (DJG) is turning up the sparkle with its most glittering campaign yet! From June 27 to August 30, jewellery shoppers across Dubai are in for an unforgettable season of rewards, savings, and surprises. 30 Golden Chances to Win! Upon purchase of AED 1,000 or more worth jewellery at any participating outlet the customer gets a chance to win a 12-gram gold bar through DJG's exclusive raffle draw. With a total of 30 winners to be announced throughout the summer, that's a lot of gold to be won! DSS 2025 Exclusive Jewellery Offers: In addition to the raffle, DJG is offering four irresistible in-store promotions: Complimentary Gifts: Delightful gifts with minimum purchase values at select outlets. Up to 50% Off on Gold Making Charges: Choose from exquisite gold collections and enjoy unmatched discounts on making charges. Zero-Deduction on old Gold Exchange: Trade in your old gold for new designs without losing a dirham. Up to 70% Off on Diamond & Pearl Jewellery: Timeless elegance at stunning prices. There are opportunities for customers indulging in self-gifting, or searching for the perfect gift or back home shopping, as DJG is creating the opportunity for jewellery shoppers. This DSS is more than a purchase—it's a celebration. Exclusive Visa Cardholder Rewards include Cash Back and Digital Raffle Promotion. Visa cardholders enjoy an added layer of value with instant cashback at participating outlets as every shopping done using Visa card; AED 300 cashback on spends of AED 5,000+; AED 500 cashback on spends of AED 7,500+; and AED 750 cashback on spends of AED 10,000 or more on select diamond and pearl jewellery collection. Visa cardholders also stand a chance to win up to AED 175,000 in jewellery vouchers. Every jewellery purchase of AED 1,000 or more using a Visa debit or credit card also qualifies for a digital raffle draw. A total of 50 winners will each receive AED 3,500 in jewellery vouchers! Shoppers can enter the raffle directly in-store by scanning a campaign QR code after making a purchase of AED 1,000 or more with a valid Visa card. Speaking about the campaign, Laila Suhail, Board Member and Chairperson of Marketing Committee at Dubai Jewellery Group (DJG), said: 'DSS continues to be a major draw for value seeking shoppers. With our latest promotions, we're bringing together exceptional prizes and unbeatable deals, all while showcasing Dubai's reputation as the City of Gold.' For a full list of participating jewellery outlets and offers, visit: About Dubai Jewellery Group The Dubai Jewellery Group (DJG) is a leading organization dedicated to advancing the interests of the jewellery industry in Dubai and the wider UAE. Established in 1996, DJG serves as a vital platform for networking, collaboration, and advocacy among jewellery manufacturers, retailers, and wholesalers. With a mission to position Dubai as a global hub for luxury jewellery, the group actively promotes best practices practices, compliance, and innovation within the sector. Through various initiatives, including training programmes and participation in international trade shows, the group fosters a thriving environment for craftsmanship and business development. Committed to enhancing the jewellery landscape, DJG plays a crucial role in shaping the future of this dynamic industry.


Fintech News ME
8 hours ago
- Fintech News ME
Visa Names Tareq Muhmood as Regional President for CEMEA
Visa has announced the appointment of Tareq Muhmood as Regional President for Central and Eastern Europe, Middle East and Africa (CEMEA). In this role, Muhmood will oversee operations across more than 86 markets in the region, where Visa serves over 1,800 clients through 23 local offices. Muhmood brings over three decades of experience in banking and payments. He most recently led Value-Added Services for Visa's Europe region from London and joined the company in 2019 as Group Country Manager for Southeast Asia, based in Singapore. His previous roles include senior leadership positions at Ahli United Bank, ANZ, and HSBC. Muhmood will be based in Dubai and reports to Oliver Jenkyn, Group President, Global Markets at Visa. He takes over from Andrew Torre, who has been appointed President of Visa's Value-Added Services division. That unit has grown into a US$9 billion global business, with an annualised revenue growth rate of 20% since 2021. Commenting on his appointment, Muhmood said: 'It is a great honour to lead the CEMEA region, and to continue the progress made in transforming the future of payments, commerce, and money movement across such dynamic markets. Having spent over a third of my career in the region, I am excited by the opportunity to further expand digital payments to more consumers, merchants, and economies. I look forward to working with our team to support growth with clients and partners throughout the region.'