Developing Digital Payment Services in the Middle East and North Africa : A Strategic Approach

This report discusses strengthening the provision of payment services in the countries of the Middle East and North Africa (MENA) region as an essential step to integrate their economies into the world of ‘digital finance and digital economy’ and t...

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Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/en/206121625810043720/Developing-Digital-Payment-Services-in-the-Middle-East-and-North-Africa-A-Strategic-Approach
http://hdl.handle.net/10986/36000
id okr-10986-36000
recordtype oai_dc
spelling okr-10986-360002021-07-22T05:10:55Z Developing Digital Payment Services in the Middle East and North Africa : A Strategic Approach World Bank DIGITAL FINANCIAL SERVICES DIGITAL PAYMENTS FINANCIAL INCLUSION FINANCIAL TECHNOLOGY FINTECH This report discusses strengthening the provision of payment services in the countries of the Middle East and North Africa (MENA) region as an essential step to integrate their economies into the world of ‘digital finance and digital economy’ and to support economic development. The report elaborates a strategic approach to the development of sound and dynamic ecosystems for the provision of digital payment services (DPS) as foundations for effective financial digitalization and development of digital economy in MENA countries. The report is not about intervening in the MENA region through a coordinated regional strategic plan; rather, it describes what MENA countries should do to modernize their DPS ecosystems, starting from their own initial conditions. To this purpose, it identifies steps that are tailored to those initial conditions and delineates a strategic approach that national authorities may consider when designing their own strategy for modernizing DPS. 2021-07-21T18:52:27Z 2021-07-21T18:52:27Z 2021-07-16 Report http://documents.worldbank.org/curated/en/206121625810043720/Developing-Digital-Payment-Services-in-the-Middle-East-and-North-Africa-A-Strategic-Approach http://hdl.handle.net/10986/36000 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Financial Sector Study Middle East and North Africa Middle East North Africa
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic DIGITAL FINANCIAL SERVICES
DIGITAL PAYMENTS
FINANCIAL INCLUSION
FINANCIAL TECHNOLOGY
FINTECH
spellingShingle DIGITAL FINANCIAL SERVICES
DIGITAL PAYMENTS
FINANCIAL INCLUSION
FINANCIAL TECHNOLOGY
FINTECH
World Bank
Developing Digital Payment Services in the Middle East and North Africa : A Strategic Approach
geographic_facet Middle East and North Africa
Middle East
North Africa
description This report discusses strengthening the provision of payment services in the countries of the Middle East and North Africa (MENA) region as an essential step to integrate their economies into the world of ‘digital finance and digital economy’ and to support economic development. The report elaborates a strategic approach to the development of sound and dynamic ecosystems for the provision of digital payment services (DPS) as foundations for effective financial digitalization and development of digital economy in MENA countries. The report is not about intervening in the MENA region through a coordinated regional strategic plan; rather, it describes what MENA countries should do to modernize their DPS ecosystems, starting from their own initial conditions. To this purpose, it identifies steps that are tailored to those initial conditions and delineates a strategic approach that national authorities may consider when designing their own strategy for modernizing DPS.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Developing Digital Payment Services in the Middle East and North Africa : A Strategic Approach
title_short Developing Digital Payment Services in the Middle East and North Africa : A Strategic Approach
title_full Developing Digital Payment Services in the Middle East and North Africa : A Strategic Approach
title_fullStr Developing Digital Payment Services in the Middle East and North Africa : A Strategic Approach
title_full_unstemmed Developing Digital Payment Services in the Middle East and North Africa : A Strategic Approach
title_sort developing digital payment services in the middle east and north africa : a strategic approach
publisher World Bank, Washington, DC
publishDate 2021
url http://documents.worldbank.org/curated/en/206121625810043720/Developing-Digital-Payment-Services-in-the-Middle-East-and-North-Africa-A-Strategic-Approach
http://hdl.handle.net/10986/36000
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