Visa has announced the Bahrain finalists that will compete at the Saudi Arabia, Bahrain and Oman edition of the 2024 Visa Everywhere Initiative (VEI), a global open innovation programme and competition.
Share of digital payments in Saudi Arabia hits 62%, says SAMA official arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.
RIYADH: A Riyadh start-up has won top prize in a Visa-sponsored competition that seeks to improve digital shopping. Amwal Tech, which was set up last year, came top in the Saudi heat of the Visa Everywhere Initiative, taking a SR150,000 ($40,000) prize for its all-in-one encrypted transaction and identity app that processes payments quickly and safely. Lamaa, a Saudi financial
In the Mena region’s rapidly evolving digital economy, a large opportunity still remains for merchants to improve their bottom line through digital payments, according to a report released by global payments solution provider Checkout.com.