News

Dubai Duty Free And TerraPay Partner For Seamless Digital Wallet Payments

The move will enhance convenience for the 100 million customers traveling through Dubai Airport each year.

Published

1 month ago

February 4, 2025

dubai duty free and terrapay partner for seamless digital wallet payments

Dubai Duty Free (DDF), the world’s largest single airport retailer, has teamed with payment provider TerraPay to simplify transactions for international travelers. The partnership will allow over 100 million customers to pay using their home-country digital wallets, including Airtel Money, M-PESA, and MTN MoMooffering, allowing for seamless and accessible shopping experiences.

With TerraPay’s global network of 3.7 billion mobile wallets and its cross-border payments infrastructure, Dubai Duty Free is expanding its payment options to meet evolving consumer preferences. By integrating digital wallets into its system, DDF provides a convenient alternative to traditional payment methods, making transactions much smoother for travelers.

Digital wallets are rapidly becoming the dominant payment method worldwide: In 2025, they are expected to handle 52% of global eCommerce transactions and 30% of all in-store purchases. In addition, digital wallets are already projected to surpass 35% of all cross-border payments this year, highlighting the growing demand for fast, easy, and secure transactions.

Also Read: Visa Partnership Takes X Closer Toward Musk’s “Everything App” Vision

Ambar Sur, Founder & CEO of TerraPay, stated, “Our partnership with Dubai Duty Free […] reflects our shared vision […] to enhance convenience and accessibility, building an inclusive ecosystem that prioritizes customers. It also aligns with the launch of TerraPay’s Wallet Interoperability Council, which aims to create a more connected global payment landscape”.

Echoing this sentiment, Ramesh Cidambi, Managing Director of Dubai Duty Free, said, “We are reinforcing our commitment to empowering our customers by enabling them to pay with their preferred methods. Dubai Duty Free has always been at the forefront of technological advancements, and with access to TerraPay’s vast network, we’re excited to offer this new payment solution”.

News

Space42 & Cobham Satcom Launch New Satellite Broadband Terminal

IP NEO has been engineered to provide uninterrupted, high-speed connectivity for sectors that rely on secure communication.

Published

1 day ago

March 12, 2025

Nour Nasir

space42 and cobham satcom launch new satellite broadband terminal

UAE-based SpaceTech firm Space42, has teamed with Cobham Satcom, a global player in satellite communications, to introduce IP NEO — a next-generation satellite broadband terminal built for reliability and security.

Developed through a collaboration between Cobham Satcom and Space42’s satellite solutions division, Thuraya, IP NEO is engineered to provide uninterrupted, high-speed connectivity for sectors that rely on secure communication. Its design, optimized for compactness and durability, ensures seamless data transmission across Thuraya’s network, making it a valuable asset for government agencies, NGOs, corporations, and even individuals operating in remote areas where traditional technologies may fall short.

As the exclusive provider of Thuraya 4 terminals for Space42, Cobham Satcom has also played a crucial role in building the ground infrastructure for the upcoming Thuraya 4 satellite network. This strategic integration reinforces Cobham Satcom’s standing as a leading global provider of L-band connectivity solutions.

Ali Al Hashemi, CEO of Yahsat Space Services at Space42, emphasized the terminal’s strengths, stating: “IP NEO demonstrates our commitment to delivering secure, resilient, and future-ready satellite communication solutions. Built on robust L-band technology, the platform ensures reliable connectivity, even in the most challenging environments. Its compatibility with Thuraya 4 further strengthens its capabilities, enabling high-throughput speeds that meet the evolving demands of mission-critical operations”.

Designed to support critical applications such as internet access, video conferencing, surveillance, and VPN connectivity, IP NEO is built to withstand tough conditions, featuring water and dust resistance — ideal for use in extreme environments.

Also Read: Pure Electric Expands To UAE, Boosting Micro-Mobility Sector

Christophe Duret, CEO of Cobham Satcom, highlighted the impact of this innovation: “Along with Space42’s state-of-the-art Thuraya 4 satellite’s advanced capabilities, our new terminals for government and commercial end-users will provide the fastest standard L-band connectivity ever achieved, unlocking new opportunities for secure and resilient high-speed connectivity for demanding land and ocean environments”.

Part of Space42’s next-generation product lineup, IP NEO is designed for long-term adaptability and is fully compatible with the Thuraya 4 satellite. Once operational, Thuraya 4 will enable IP NEO to deliver speeds of up to 1024 kbps, along with simultaneous voice and data communication along with remote terminal access.

The official launch of IP NEO is set to take place at the 2025 SatShow (March 11-13, 2025), at the Walter E. Washington Convention Center in Washington, D.C.