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Gulf countries see massive shift to digital payments, with Kuwait and Saudi Arabia leading the change.
Kuwait and Saudi Arabia have rapidly shifted towards digital payments, with Kuwait seeing a 716% increase in card spending from 2010 to 2024, and Saudi Arabia aiming for 70% cashless retail transactions.
In the UAE, digital wallets now account for 30% of consumer transactions, expected to rise to 40% by 2030, driven by regulatory reforms and consumer preference for contactless payments.
These changes emphasize the need for businesses to adapt to evolving consumer behavior and technology.
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Los países del Golfo ven un cambio masivo en los pagos digitales, con Kuwait y Arabia Saudita liderando el cambio.