{"id":638844,"date":"2017-10-16T03:51:20","date_gmt":"2017-10-16T03:51:20","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/16\/online-transactions-in-egypt-grew-by-22-last-year-payfort\/"},"modified":"2017-10-16T03:51:20","modified_gmt":"2017-10-16T03:51:20","slug":"online-transactions-in-egypt-grew-by-22-last-year-payfort","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/16\/online-transactions-in-egypt-grew-by-22-last-year-payfort\/","title":{"rendered":"Online transactions in Egypt grew by 22% last year -Payfort"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>Online transactions in the Middle East rose by 22% y-o-y in 2016, according to a survey <\/strong><strong>conducted by Amazon-owned Payfort.<\/strong> The increase in Egypt was 22% and, overall, events and entertainment was the fastest growing segment at 33% y-o-y. Egyptians carried out USD 6.2 bn in online transactions during the year, or about 20% of the region\u2019s USD 30.4 bn. \u201cThe biggest concern of online consumers remained security, with more than 50 per cent of cash-on-delivery customers polled saying that they would switch to online payments if they deemed it secure enough, according to the survey. The highest levels of cash-on-delivery payments were registered in Egypt, accounting for about 70 per cent of all transactions, followed by Lebanon where it was 60 per cent,\u201d <a href=\"https:\/\/www.thenational.ae\/business\/payfort-says-online-payments-in-the-middle-east-grew-22-per-cent-last-year-1.667355\">The National says<\/a>. The <a href=\"http:\/\/saudigazette.com.sa\/article\/519435\/BUSINESS\/Egypt-Saudi-Arabia-UAE-post-fastest-growth-in-Arab-world-in-online-transactions\">Saudi Gazette<\/a> also has the story. <a href=\"https:\/\/stateofpayments.payfort.com\/en\/\"><strong>Or tap here to go play with the full survey yourself<\/strong><\/a>, including a tool that lets you build your own custom report based on your data preferences.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Online transactions in the Middle East rose by 22% y-o-y in 2016, according to a survey conducted by Amazon-owned Payfort. The increase in Egypt was 22% and, overall, events and entertainment was the fastest growing segment at 33% y-o-y. Egyptians carried out USD 6.2 bn in online transactions during the year, or about 20% of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-638844","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"4a75149b-d68d-42f9-80b7-a2321349fdde","order":"0","is_powered_by":true,"section_story_id":"48234f26-1949-4ecf-8c61-2e4886a80b6d","story_type":"1","photo_url":"","photo_position":"above","related_issue":[638836],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Online transactions in Egypt grew by 22% last year -Payfort - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/16\/online-transactions-in-egypt-grew-by-22-last-year-payfort\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Online transactions in Egypt grew by 22% last year -Payfort\" \/>\n<meta property=\"og:description\" content=\"Online transactions in the Middle East rose by 22% y-o-y in 2016, according to a survey conducted by Amazon-owned Payfort. The increase in Egypt was 22% and, overall, events and entertainment was the fastest growing segment at 33% y-o-y. Egyptians carried out USD 6.2 bn in online transactions during the year, or about 20% of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/16\/online-transactions-in-egypt-grew-by-22-last-year-payfort\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-16T03:51:20+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/16\/online-transactions-in-egypt-grew-by-22-last-year-payfort\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/16\/online-transactions-in-egypt-grew-by-22-last-year-payfort\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Online transactions in Egypt grew by 22% last year -Payfort\",\"datePublished\":\"2017-10-16T03:51:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/16\/online-transactions-in-egypt-grew-by-22-last-year-payfort\/\"},\"wordCount\":161,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/16\/online-transactions-in-egypt-grew-by-22-last-year-payfort\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/16\/online-transactions-in-egypt-grew-by-22-last-year-payfort\/\",\"name\":\"Online transactions in Egypt grew by 22% last year -Payfort - 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