Saudi Arabia Central Bank to launch 24/7 instant payments for future Cashless system - Arab News

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Saudi Central Bank to launch new 24/7 instant payments system | Arab News

Thursday, 11 February 2021
ARAB NEWS
RIYADH: The Saudi Central Bank (SAMA) on Thursday announced the launch date for a new electronic instant payments system designed to make the Kingdom less dependent on cash. Following the successful completion of trials, the digital transactions scheme will be activated with participating banks on Feb. 21, according to Asharq Business. SAMA will supervise the new system which, it said, would contribute to the country’s economic development by increasing the speed and efficiency of financial transactions in the corporate and retail sectors.
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News on 'Cashless'

Results: 11 News Items
Displayed in Date Order (most recent first)
1.   Saudi Arabia Central Bank to launch 24/7 instant payments for future Cashless system - Arab News
Published: 11 Feb 2021   |   777 views · 1 sec ago
2.   China to launch official CBDC digital currency in drive to Cashless society - Economist
Published: 17 Nov 2020   |   583 views · 5 days ago
3.   China, Shenzhen trials digital currency, in move towards a Cashless society - BBC News
Published: 13 Oct 2020   |   883 views · 15 mins ago
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Published: 17 Aug 2020   |   788 views · 2 days ago
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Published: 08 Jun 2020   |   748 views · 2 days ago
8.   Coronavirus & The War On Cash: Push For Cashless Society - ZeroHedge
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9.   Coronavirus, Australia: Fear of contaminated money push Cashless payments - The Guardian
Published: 08 Apr 2020   |   795 views · 8 hrs ago
10.   Cash usage drops 50% in UK due to Coronavirus. Cashless society coming? - Altfi
Published: 26 Mar 2020   |   857 views · 41 mins ago
11.   The China That Emerges After Coronavirus Will Be A Cashless Society - TWA
Published: 20 Feb 2020   |   991 views · 10 hrs ago


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