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   |   751 views · 1 sec ago
2.   China to launch official CBDC digital currency in drive to Cashless society - Economist
Published: 17 Nov 2020   |   567 views · 13 hrs ago
3.   China, Shenzhen trials digital currency, in move towards a Cashless society - BBC News
Published: 13 Oct 2020   |   863 views · 1 day ago
4.   Cashless Dystopia: Pay With Your Face In California, USA - Activist Post
Published: 29 Aug 2020   |   729 views · 9 hrs ago
5.   Australia's big four banks remove ATMs and shut down branches in move towards cashless society - MSN
Published: 17 Aug 2020   |   767 views · 24 hrs ago
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Published: 08 Jun 2020   |   725 views · 14 hrs ago
8.   Coronavirus & The War On Cash: Push For Cashless Society - ZeroHedge
Published: 14 Apr 2020   |   911 views · 18 hrs ago
9.   Coronavirus, Australia: Fear of contaminated money push Cashless payments - The Guardian
Published: 08 Apr 2020   |   773 views · 4 hrs ago
10.   Cash usage drops 50% in UK due to Coronavirus. Cashless society coming? - Altfi
Published: 26 Mar 2020   |   829 views · 3 days ago
11.   The China That Emerges After Coronavirus Will Be A Cashless Society - TWA
Published: 20 Feb 2020   |   961 views · 13 hrs ago


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