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Saudi Arabia's Card Payments to Grow by 14% in 2023

The Saudi Arabian card payments market is expected to grow in 2023 due to an increase in preference for electronic cash payments and a push for a cashless society by the Kingdom, according to data analytics firm GlobalData."The Saudi Arabia card payments market is expected to grow by 14% in 2023 to reach SAR 532.1 billion ($141.9 billion)," noted GlobalData "The growth will be driven by increasing preference for electronic payments, a surge in contactless payments, and government's push for a ca... Read More

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Posted: Jun 5 2023, 15:15

Author Name: financemagnates

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