May 16, 2017

Telr Shows Off new Online Payment Solutions at Seamless 2017

Telr, one of the region’s leading online payment solution providers, has demonstrated its e-commerce payments and merchant fraud prevention solutions at Seamless Middle East 2017. At the exhibition, executives at Telr shared insights on e-payment trends and solutions for SMEs across the region, especially in emerging markets, including subscription payments, payments through mobile app, tracking fraudulent consumer behaviour, multi-currency and payments from Facebook and Twitter (social commerce).

Online payments, including mobile payments and e-commerce, will be a cornerstone of the digitization wave in the Middle East over the next 4 to 5 years, presenting a number of opportunities for SMEs and retailers in the UAE. According to the Euromonitor 2016 report, online retail was reported to be less than 1.5 percent of the total retail sales in Middle East region in 2015, while mature e-commerce markets are seeing 15 percent to 20 percent of their total retail business from online purchases.

Read more