As the Middle Eastern e-commerce websites look to accelerate sales, they are still struggling with payment options. Initially, Cash on delivery (COD) is encouraged by websites to create confidence among consumers to buy online. However, the expectation is that eventually consumers would start paying...

As recently as five years ago, information was still a scarce commodity. It was so scarce that people were willing to pay for it. They patiently waited for weeks or months for their favorite journal or magazine to hit the newsstand. People were dependent on conventional mediums like television, radio...