E-payment in Saudi Arabia grows 75 pct in 2020 amid COVID-19

RIYADH, Aug. 5 (Xinhua) -- Saudi Arabia's e-payment transactions increased by 75 percent in 2020 due to COVID-19 outbreaks, the Saudi Press Agency reported on Thursday.

Fintech Saudi's National Fintech (financial services technology) Adoption Survey Results Report 2021 also revealed a reduction in cash withdrawals through ATM machines by 30 percent in the same period.

One of the key findings of the survey