SAUDI ARABIA JUST APPROVED NEW PAYMENT SYSTEMS — BIG FINANCIAL SHIFT?
A major financial development is taking place in Saudi Arabia
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and it could signal a deeper shift in how money flows across the region.
The Saudi Central Bank has officially granted a new license to a technology company to operate in the payment services sector, bringing the total number of licensed companies in the Kingdom to 31.
This move is part of a broader strategy to modernize the financial system, increase efficiency in transactions, and expand access to financial services across all segments of society.
But that’s not all.
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