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Growth of the financial sector

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  • Saudi Arabia's Digital Payments Are Booming! SAMA Reports SAR 14.8 Billion in Weekly Sales

    Financial Technology ·Technology and Innovation·EG

    Saudi Arabia's Digital Payments Are Booming! SAMA Reports SAR 14.8 Billion in Weekly Sales

    Saudi Arabia's Central Bank (SAMA) just announced that point-of-sale (POS) transactions hit a massive SAR 14.8 billion last week! This exciting news highlights the continuous growth of digital payments across the Kingdom, with electronic payments now making up an impressive 79% of all retail transactions. It's clear that Saudi Arabia is rapidly embracing a cashless future!

    Asim Ibrahim·TODO