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The demand for Tap on Phone payments in the UAE is rapidly growing. Visa reported a 490% year-on-year increase, driven by SMEs adopting smartphones as payment terminals. With 82% of UAE shoppers preferring contactless payments, Tap on Phone offers speed, convenience, and low cost compared to traditional PoS machines. Banks and fintechs are promoting it to help small businesses, while declining cash use and consumer trust in digital payments further fuel its popularity.
