Analysis of News relating to the Digital Money Ecosystem

UAE likely to see increased cashless transactions by 2020 - Zawya

16/08/2017 Link to source

UAE likely to see increased cashless transactions by 2020 Second, popular smartphone brands are bringing cashless Near Field Communication technologies in the UAE, with brands like Samsung already enabling its Samsung Pay technology at Points of Sale in the UAE, and Apple making moves to launch its own ... and more »

Context

	United Arab Emirates United Arab Emirates is an Arab country in the southeast of the Arabian Peninsula on the Persian Gulf, bordering Oman to the east and Saudi Arabia to the south, as well as sharing sea borders with Qatar and Iran.
	Near Field Communication (NFC) Near field communication (NFC) is a set of standards for smartphones and similar devices to establish radio communication with each other by touching them together or bringing them into close proximity, usually no more than a few centimeters.
	Apple Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple has reinvented the mobile phone with its rev
	Digital Technology The Digital Technology domain has been described by Shift Thought™ as a way to understand the technologies that form the basis of the products and services within the Digital Money domain.
	Near Field Communication This category describes payment services involving Near Field Communications (NFC)
	Apple USA Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple has reinvented the mobile phone with its rev
	Samsung Beginning as a small trading company, Samsung has evolved into a world-class corporation with businesses that span multiple sectors.It is a world leading handset vendor.
	Apple iCloud Keychain Recently received patent and provided a peek at a likely e-wallet icon for the i-Phone. Currently iTunes Sales $4.1b - plan to launch NFC
	Apple Passbook Wallet Apple recently received a patent for a digital wallet and virtual currency. This would build further on their current use of mobile phones to make purchases at stores and related to iTunes Sales.
	Samsung Pay Australia Samsung Pay is the mobile payments service to be launched by Samsung in the summer of 2015.
	Samsung Pay Brazil Samsung Pay is the mobile payments service to be launched by Samsung in the summer of 2015.
	Samsung Pay China Samsung Pay is the mobile payments service to be launched by Samsung in the summer of 2015.
	Samsung Pay - South Korea Samsung Pay is the mobile payments service to be launched by Samsung in the summer of 2015.
	Samsung Pay Malaysia Samsung Pay is the mobile payments service to be launched by Samsung in the summer of 2015.
	Samsung Pay Puerto Rico Samsung Pay is the mobile payments service to be launched by Samsung in the summer of 2015.
	Samsung Pay Russia Samsung Pay is the mobile payments service to be launched by Samsung in the summer of 2015.
	Samsung Pay Singapore Samsung Pay is the mobile payments service to be launched by Samsung in the summer of 2015.
	Samsung Pay Spain Samsung Pay is the mobile payments service to be launched by Samsung in the summer of 2015.
	Samsung Pay USA Samsung Pay is the mobile payments service to be launched by Samsung in the summer of 2015.
	Samsung Wallet - Closed June 30, 2015 Samsung Wallet is a one-stop digital destination for your tickets, membership cards and vouchers. Consumer wallets can be managed according to their interests and personal preferences.
	Mobile This relates to special considerations for use of Mobile as a channel of access for digital money services.
	Near field communication (NFC) Near field communication (NFC) allows for simplified transactions, data exchange, and wireless connections between two devices in close proximity to each other, usually by no more than a few centimeters.
	Technology Technology has a key role to play in enabling innovations in digital money services.
	Samsung Beginning as a small trading company, Samsung has evolved into a world-class corporation with businesses that span multiple sectors.It is a world leading handset vendor.
	Apple Wallet services Recently received patent and provided a peek at a likely e-wallet icon for the i-Phone. Currently iTunes Sales $4.1b - plan to launch NFC
	Samsung Pay Samsung Pay is the mobile payments service to be launched by Samsung in the summer of 2015.
	Mobile money in UAE A concise look at mobile financial services in the UAE.

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