Digital Payments in Saudi Arabia Surged 75% YoY as Consumers Began Shopping Online More Frequently due to COVID
Digital payments in Saudi Arabia surged by 75% last year, as consumers increasingly began shopping online following the COVID-19 outbreak. Meanwhile, cash withdrawals from ATMs and other payment points declined 30% during the same time period. Point of sale (PoS) refers to a location where… Read More
Read more in: Asia, Fintech, General News | Tagged alistair burton, atm withdrawals, Cash Payments, Cash Transactions, cashless economy, consumer behavior, coronavirus, digital commerce, Digital Economy, digital payments, digital transformation, e-commerce, mena, mena region, middle east, online payments, talat zaki hafiz, virtual payments