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Tumodo & Tabby Drive Innovation In The UAE’s Travel Market

The collaboration signifies a significant step forward in digitizing MENA business travel, including the use of AI technologies.

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tumodo and tabby drive innovation in the uae's travel market

UAE business travel platform Tumodo is set to integrate its services with Tabby, a leading MENA shopping and financial services app, in a move that will further the digital transformation of the region’s travel market.

Tabby already helps millions of people in the MENA region stay in control of their finances. Now, with the integration of Tumodo’s platform, business travelers will gain improved control over their travel expenses, along with greater transparency and accountability.

“The collaboration with Tabby signifies a major step forward in our mission to digitize business travel in the UAE and GCC, including the use of AI technologies. Now, we can extend brands’ reach to a wider audience and lead to a sustainable future,” said Vladimir Kokorin, founder of Tumodo.

Tumodo’s MENA expansion also comes at a time where the company is doubling its efforts to promote sustainable travel. Tumodo is advising all customers and partners on how they can be more eco-friendly when it comes to travel, and how to minimize the ecological impact of business trips.

Also Read: Oracle Is Planning To Build Two New Cloud Regions In Morocco

By 2022, spending in the global business travel market had risen to $1.03 trillion. However, that figure is expected to surpass the pre-pandemic figure of $1.4 trillion sometime this year. Despite many companies continuing to prefer online meetings, the business travel market continues to grow rapidly and is expected to reach $1.8 trillion by 2027.

The integration of Tumodo’s travel platform into Tabby’s service will surely enhance business efficiency and reinforce both companies’ commitments to sustainability. Meanwhile, the UAE will also benefit as it continues to grow into a leading business hub focused on sustainable practices.

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Lebanon Ministers Meet Visa Over National Digital Payment Platform

Finance and technology ministers say a comparative study and roadmap will follow before any decision on adopting a model.

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lebanon ministers meet visa over national digital payment platform

Lebanon’s finance and technology ministers met representatives from Visa last week to discuss a proposed unified national digital payment platform for government services, according to a readout from the Ministry of Finance.

The meeting brought together Finance Minister Yassin Jaber, Minister of State for Technology and Artificial Intelligence Kamal Shehadeh, a Visa delegation, and experts from both ministries. Discussion focused on whether Lebanon could establish a single platform through which citizens and institutions would pay taxes, fees, fines and other official transactions electronically, using mobile phones and other digital channels.

The Visa delegation presented examples from countries that have adopted unified government payment platforms, including the United Arab Emirates, Singapore, Estonia and Jordan. According to the readout, the examples were presented as having increased collection rates and expanded financial inclusion.

Talks covered settlement mechanisms, direct transfer to the treasury account, financial reconciliation, risk management, cybersecurity, fees, and an operational model that would involve the private sector. The parties agreed to continue technical and institutional consultations, prepare a comparative study, and develop an implementation roadmap before any decision on adopting a model for Lebanon.

Jaber said the Ministry of Finance had already enabled citizens to pay using credit cards and e-wallets through transfer companies, but described the proposed platform as a further step. He framed the development of electronic payment and collection systems as a priority within the ministry’s modernization plan.

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Shehadeh outlined the citizen-facing concept as a single mobile application through which users could settle obligations to ministries, government institutions and other bodies.

“The idea, in short, is that any citizen downloads an application on their mobile phone, through which they can pay all service obligations for all ministries, government institutions, or those owned by the Lebanese state, and others as well, as the platform is not limited only to state institutions,” he said.

Shehadeh added that the platform would not displace banks and money transfer companies that currently provide collection services to the state, calling it complementary to their work.

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