“One of the main challenges we have to figure out in the region is how to deal with low levels of credit card penetration,” Deezer MENAT CEO Tarek Mounir said. “The partnership with Mondia Pay lets us offer music fans an easy, secure and safe payment solution. In the end, it’s about trust. When music fans trust that their payments and money are safe, they can focus on enjoying the music they love, which is what we want.”
Deezer amped up its efforts in the Middle East and North Africa following a distribution deal and investment with Rotana in August 2018.