The national pillar of digital payments
Newsweek US|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.

Denne historien er fra February 03-10, 2023 (Double Issue)-utgaven av Newsweek US.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra February 03-10, 2023 (Double Issue)-utgaven av Newsweek US.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA NEWSWEEK USSe alt
Can Alternative Therapies Treat Cancer?
Newsweek US

Can Alternative Therapies Treat Cancer?

Doctor and breast cancer survivor Liz O'Riordan addresses misinformation around managing the disease

time-read
5 mins  |
November 15, 2024
Falling for Romance
Newsweek US

Falling for Romance

A new book, Nora Ephron at the Movies, celebrates the writer/director best known for her iconic rom-coms and strong female characters

time-read
5 mins  |
November 15, 2024
Cracking the Norse Code
Newsweek US

Cracking the Norse Code

Walrus DNA has shown that Vikings were likely the first to have encountered Indigenous North Americans

time-read
4 mins  |
November 15, 2024
Monumental Shift
Newsweek US

Monumental Shift

The discovery of 165-million-year-old crystals Easter Island has upended the longheld notion of how the Earth's \"conveyor belt\" moves

time-read
6 mins  |
November 15, 2024
'OUR FOREIGN POLICY AND DOMESTIC REFORMS ARE TWO SIDES OF THE SAME COIN'
Newsweek US

'OUR FOREIGN POLICY AND DOMESTIC REFORMS ARE TWO SIDES OF THE SAME COIN'

It is a well-known fact across the globe that the North Korean regime is irrational and unpredictable, but we have been consistent in strengthening our defense posture against the threat from North Korea since the Korean War, and I believe that their conventional capability is much inferior to that of the Korean military.

time-read
10 mins  |
November 15, 2024
'They Read My Eulogy As I Lay in an Open Grave'
Newsweek US

'They Read My Eulogy As I Lay in an Open Grave'

Like Paris Hilton, Natasia Pelowski claims she was subjected to abuse at a teenage therapy program

time-read
3 mins  |
November 15, 2024
Russian Economy Faces 'Burnout
Newsweek US

Russian Economy Faces 'Burnout

Vladimir Putin admits difficulties” as the country’s key interest rate reaches a historic high

time-read
3 mins  |
November 15, 2024
China's 'Silent Chemical War'
Newsweek US

China's 'Silent Chemical War'

The U.S. must investigate Beijing's role in the manufacturing of fentanyl that is killing Americans, says one mom whose daughter died after accidentally taking the illicit substance

time-read
5 mins  |
November 15, 2024
HARSH HEADWINDS
Newsweek US

HARSH HEADWINDS

President Yoon Suk Yeol's BATTLE to reform a South Korea beset with structural problems under the specter of an increasingly aggressive neighbor to THE NORTH

time-read
7 mins  |
November 15, 2024
Bridget Everett
Newsweek US

Bridget Everett

BRIDGET EVERETT NEVER THOUGHT SHE'D BE THE LEAD OF A TV SHOW. \"I come from the downtown world in New York, a cabaret singer, and these things just don't happen, you don't find yourself with three seasons of HBO.

time-read
2 mins  |
November 08, 2024