Checkout.Com Report Shows E-commerce And Digital Payments Set For Major Growth In 2021 Across The Menap Region

Checkout.Com Report Shows E-commerce And Digital Payments Set For Major Growth In 2021 Across The Menap Region

The e-commerce and digital payment industries in the Middle East & North Africa, Pakistan (MENAP) region are set for major growth in 2021, with nearly half of consumers likely to increase their online shopping over the next year, according to a report released today by Checkout.com, a leading global payment solution provider. The Connected Payments in MENAP report also reveals that the region, which has historically been dominated by cash payments, presents a significant growth opportunity for the digital payments industry as the region's online shoppers now prefer using digital payments rather than paying by cash on delivery.  The report draws insights from a regional survey, which polled more than 5,000 consumers in September 2020 in the UAE, Saudi Arabia, Egypt, Jordan, Qatar, Kuwait, Bahrain, and Pakistan.  Across the eight countries, 47 per