Did you know that the volume of online payments in Arab world is estimated to reach US$69 billion by 2020. UAE has the highest consumer acceptance of 71% to pay online by country followed by KSA (58%), Qatar (54%) and Kuwait (53%). Check out our infographic "The State of Online Payment in Middle East" for latest statistics and trends.
Infographics by GO-Globe Web design Qatar
To Publish this Image on your Blog or Website . Copy this code
Consumer Acceptance to pay online by Country
| Country | %age |
| UAE | 71% |
| KSA | 58% |
| Egypt | 51% |
| Kuwait | 53% |
| Lebanon | 49% |
| Jordan | 52% |
| Qatar | 54% |
ย
The UAE Mobile Wallet Project is expected to see AED50 billion ($13.6 billion) in payments switched from cash to mobile, a 35 percent market share, within five years.
Estimated Credit Card Penetration by Country
| Country | %age |
| Kuwait | 97% |
| UAE | 89% |
| Saudi Arabia | 45% |
| Qatar | 45% |
| Lebanon | 15% |
ย
Preferred online payment methods Middle East
| Payment Method | %age |
| Credit Card | 45% |
| Debit Card | 11% |
| Net Banking | 9% |
| Store Specific Card | 3% |
| Digital Payment System / E-wallet | 1% |
ย
Top MENA countries with highest ranking of Mobile Banking Adoption
| Country | %age |
| Saudi Arabia | 60% |
| UAE | 52% |
| Egypt | 46% |
| Jordan | 40% |
| Lebanon | 31% |