eCommerce grows 45pc during pandemic: Network International

iStock / Ridofranz

Simon Haslam, Group CEO of Network International says the UAE government's support of contactless payment methods has helped encourage growth.

Haslam says there have been regional increases in daily spending limits for contactless methods, which has helped in their growth.

"I think what we're seeing now is the transition from cash to digital payments," says Haslam. "I think we've seen that increase since COVID-19 started."

"We've seen good growth across e-commerce, of 45 per cent during this period," Haslam continued.

He says there has also been a rise in small-value transactions on cards which is strong evidence that cards are replacing cash.  

ARN's Richard Dean spoke with Simon Haslam earlier in the week about contactless payments among other topics. That full interview can be found on the Dubai Eye on One podcast page.


More from Business

Coming Up on Dubai Eye

  • Lunch with Lloyd

    11:00am - 2:00pm

    No one knows entertainment better than veteran Dubai broadcaster Mark Lloyd.

  • Afternoons with Helen Farmer

    2:00pm - 5:00pm

    Every weekday afternoon, Helen Farmer will help you to navigate the highs and lows of life in the UAE. Stay up to date with what’s happening and where to go.


On Dubai Eye

  • Meet Gift, female food delivery driver

    Gift came here from Nigeria and failed to find a job, until a pizza company offered her one. She's now one of the very few female delivery drivers in the UAE.


    Farmer's Kitchen is back for 2021!
    With our partners Spinneys, we are going to help you wave goodbye to boring dinners, cluttered fridges, and lumpy leftovers!