localization<\/a>\u00a0process that cannot be neglected.<\/p>\n <\/p>\n
![\"credit-cards\"](\"https:\/\/www.protranslate.net\/blog\/wp-content\/uploads\/2017\/03\/Payment_03-300x190.jpg\")
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\u00a0<\/strong><\/p>\n<\/span>CREDIT CARDS<\/strong><\/span><\/h2>\nAs we previously mentioned, Islam has certain prohibition of all sorts of interest applications that are directly related to credit card use. As of 2017, credit card ownership in MENA is quite low due to Islamic belief, however, global economic conditions positively affect the number of credit card holders in this particular region. The credit card penetration ratios have climbed 37% in UAE, 28% in Bahrain, 28% Kuwait, and 12% in Saudi Arabia. Unlike the case in rest of the world, Middle East Online payment methods vary a lot and this is just another example to it.<\/p>\n
![\"\"](\"https:\/\/www.protranslate.net\/blog\/wp-content\/uploads\/2017\/03\/Payment_01-300x121.jpg\")
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<\/span>PAYPAL<\/strong><\/span><\/h2>\nPayPal has updated its mobile app and website in 2015 with support of Arabic language, and in two years, the market share of PayPal in MENA e-commerce has increased to 5.2 percent. Two key advantages of PayPal, convenience and debit card integration, leverage the popularity of this particular payment method in MENA. However, there are only a limited number of banks that allow PayPal use with their debit and credit cards. In a near future, it is expected that the number of PayPal integrated debit and credit cards will increase in parallel to popularity of PayPal among customers in the market.<\/p>\n
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<\/strong><\/p>\n<\/span>CASHU<\/strong><\/span><\/h2>\nCASHU is a MENA originated online payment system and an early mover in e-commerce industry. The large share of its users is the youth in MENA, who are familiar with online technologies and internet. The system basically works as a prepaid method, where a user places money on his account and uses his balance to make online purchases. The popularity of CASHU is related to the lack of banking infrastructure in MENA countries such as Saudi Arabia and Lebanon, and the company benefits from lack of credit and debit card access. In the future, the popularity of CASHU is expected to reduce where internet technologies in banking system tends to be much more advanced.<\/p>\n
![\"\"](\"https:\/\/www.protranslate.net\/blog\/wp-content\/uploads\/2017\/03\/Payment_06-300x61.jpg\")
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<\/span>SAFECHARGE<\/strong><\/span><\/h2>\nSafecharge provides a complete solution for all credit card types and PayPal. After the integration process to your web \/ mobile portal, the company gives you opportunity to sell online.<\/p>\n
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<\/span>WIRE TRANSFER<\/strong><\/span><\/h2>\nWire transfer is the most primitive one among 6 payment methods in MENA region, which is manually performed via e-mails or postal services by the customers. However, it is really hard to track wire transfer payments on online channels, and this method remain ineffective for most online vendors.<\/p>\n
More information about MENA market, you can find in our article about how to do\u00a0e-commerce in MENA region<\/a>.<\/p>\n\n