Saudi Arabia's e-payments reach 70% of total payments in 2023, with 10.8 billion transactions.
Saudi Arabia's e-payments soar to 70% of total payments in 2023, with 10.8 billion transactions, up from 8.7 billion in 2022. This growth aligns with the Financial Sector Development Program, enhancing transaction efficiency and financial stability. The Saudi Central Bank (SAMA) continues to develop the national payments infrastructure and related services for electronic payment adoption.
April 02, 2024
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