Mastercard: Emirati SMEs excel in digital payments

Mastercard's report reveals that small and medium-sized enterprises in the UAE are among the most active globally in adopting digital payment assets, with 14% accepting cryptocurrencies and 10% using stablecoins for expenses. The report also shows increased interest among Emirati companies in artificial intelligence to enhance security and protect businesses from fraud, with a greater focus on growth forecasting compared to other regions worldwide. Mastercard is working to enable the digital payments ecosystem, including settling transactions with stablecoins, to support companies in navigating economic challenges and supply chain issues.

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