Saudi ArabiaUAE
UAE: Digital payments firm to expand in Saudi Arabia in 2021
UAE-based digital payment processor, Network International, is pushing ahead with its expansion into Saudi Arabia this year.
According to its latest annual report for 2020, the company is planning to spend $20 million financing its expansion into the Saudi market.
The number of digital payment transactions in the Kingdom surged 75 percent in 2020 as Saudi consumers embraced online shopping during the coronavirus (COVID-19) pandemic.
