Cashless Payments and E-Commerce in Saudi Arabia
“There has been a visible shift from a cash economy towards an electronic economy, in terms of cashless payments such as cards and the growth of internet payments and internet banking. It鈥檚 growing at an exponential rate,” says Priyan L. Attygalle, CEO of American Express, Saudi Arabia.
“There has been a visible shift from a cash economy towards an electronic economy, in terms of cashless payments such as cards and the growth of internet payments and internet banking. It鈥檚 growing at an exponential rate,” says Priyan L. Attygalle, CEO of American Express, Saudi Arabia.
“Also in the corporate space, the growth in e-commerce has lent its way to new opportunities for the future. In the consumer space, we are just launching the titanium version of Centurion which is our flagship premium product 鈥� the invitation-only 鈥榖lack鈥� American Express card. This is our most exclusive Card.”