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A2A payments in e-commerce in four countries in MEA 2016-2023, with 2027 forecast
A2A payments in the Middle East and Africa focus around Nigeria and South Africa, while market shares are lower in Saudi Arabia and the UAE. This is according to a market model that was repeated over several years for different individual countries across the Middle East and Africa. The source did not add other countries besides the four listed here. It adds that real-time payments are likely to keep developing account-to-account payments in the next years. For a country like Nigeria, for example, this may refer to the Nigeria Inter-Bank Settlement System, or NIBSS, system - one of the largest real-time (instant) payment systems in the world.