Digital payments soar in Saudi Arabia as preference for cash dips: report

RIYADH: Digital payment penetration is continuing its high growth in Saudi Arabia, as a report reveals more than one in ten Saudis spend money online at least once a day via e-commerce platforms. According to global payment solutions provider Checkout.com’s report titled ‘Digital Transformation in MENA 2022’, Saudis who prefer cash for payments reduced from 27 percent in 2021

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