Cashless Economy

Saudi Arabia’s move towards a cash less economy propelled by COVID-19

The past decade has witnessed a large amount of technological disruption that has changed the way we interact with the world. The payments universe is not averse to this disruption, with the usage of cash diminishing by the day. The world has begun the transition towards a more cashless society, with mobile devices, digital wallets and other forms of payments gaining preference among users. A cashless society is one where all the financial transactions take place through transfer of digital...