The national pillar of digital payments
Newsweek Europe|February 03-10, 2023 (Double Issue)
Since its establishment in 2019, Saudi Payments has positioned the country as a global champion in digital payments and financial innovation
The national pillar of digital payments

Between January and November 2022 digital financial transactions reached 7.7 billion in Saudi Arabia, while 96.5 percent of face-to-face transactions were contactless.

This rapid adoption of electronic finance is being driven by Saudi Payments, a subsidiary of the Saudi Central Bank (SAMA). "In line with Vision 2030's Financial Sector Development Program, our main task is to enable the payment system to provide safe, reliable and innovative services that achieve interoperability between system participants and are easily accessed,” explains its managing director, Abdulaziz Al Afaleg.

هذه القصة مأخوذة من طبعة February 03-10, 2023 (Double Issue) من Newsweek Europe.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة February 03-10, 2023 (Double Issue) من Newsweek Europe.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من NEWSWEEK EUROPE مشاهدة الكل
Poring Over the Mystery of an Egyptian Cup
Newsweek Europe

Poring Over the Mystery of an Egyptian Cup

The first comprehensive scientific analysis of a Bes mug's residues uncovered a psychedelic concoction used in rituals

time-read
4 mins  |
December 06-13, 2024
John David Washington
Newsweek Europe

John David Washington

FOR JOHN DAVID WASHINGTON, BRINGING NETFLIX'S THE PIANO LESSON (November 22) from stage to screen was a family affair.

time-read
2 mins  |
December 06-13, 2024
Philomena Cunk
Newsweek Europe

Philomena Cunk

PHILOMENA CUNK IS JUST AS SURPRISED AS anyone else at her own popularity.

time-read
1 min  |
December 06-13, 2024
A Walk in the Parks
Newsweek Europe

A Walk in the Parks

Jim O'Heir shares his memories of the hit NBC mockumentary andits cast’s hopes of areunion

time-read
4 mins  |
December 06-13, 2024
SOLVING THE PLASTIC PROBLEM
Newsweek Europe

SOLVING THE PLASTIC PROBLEM

PLASTIC WASTE IS HARMING ANIMALS AND OUR PLANET. CAN THE DAMAGE BE UNDONE?

time-read
10 mins  |
December 06-13, 2024
'I Was Struck by How Humbled and Insignificant I Felt'
Newsweek Europe

'I Was Struck by How Humbled and Insignificant I Felt'

An explorer says coming face-to-face in vild with a grizzly and her cubs changed his perspective on life

time-read
4 mins  |
December 06-13, 2024
Has AI Turned On Health Care?
Newsweek Europe

Has AI Turned On Health Care?

Hospitals hoped artificial intelligence would lighten their staff's workload, but the same tech could be to blame as insurance firms increasingly deny Medicare Advantage claims

time-read
7 mins  |
December 06-13, 2024
The Next Phase of War
Newsweek Europe

The Next Phase of War

After thousands of elite soldiers from North Korea joined Vladimir Putin’s forces against Ukraine, how has this latest move affected the conflict?

time-read
6 mins  |
November 29, 2024
Hey, Don't Be So SAD
Newsweek Europe

Hey, Don't Be So SAD

Seasonal affective disorder affects millions of people. Here’s how you can prep your body and mind for darker days

time-read
5 mins  |
November 29, 2024
America's Best CONTINUING CARE
Newsweek Europe

America's Best CONTINUING CARE

EDUCATIONAL OPPORTUNITIES, RESTAURANTstyle dining, unlimited pickleball-an impressive number of amenities are becoming standard at Continuing Care Retirement Communities.

time-read
4 mins  |
November 29, 2024