Abdurrahman 13 Apr 2026Saudi Arabia’s digital payments surge continues, with electronic transactions accounting for 85% of total retail payments in 2025, up from 79% in 2024, according to SAMA. Total transactions reached 14.6 billion, driven by strong growth in Mada, POS, and e-commerce payments. The milestone highlights the Kingdom’s rapid shift toward a cashless economy and ongoing efforts to strengthen its financial 4 likes4 comments#sama#ecommerce#saudiarabia#economy#cashless
Faisal 7 Apr 2026Kuwait’s Minister of Commerce and Industry, Osama Boodai, has banned cash transactions above KD 10 in select sectors, promoting digital payments. The rule applies to gyms, salons, pest control firms, and more, with strict penalties for violations. The move aims to improve transparency, regulate financial practices, and encourage a shift toward a cashless economy. #Kuwait #DigitalPayments #Cashless4 likes4 comments#business#cashless#economy#middleeast#kuwait
