RIYADH: Electronic payments in retail surpassed the 55 percent target set out by the Financial Sector Development Program, FSDP, one of the main programs of Saudi Vision 2030. The e-payments exceeded 57 percent of total transactions conducted in 2021, the Saudi Central Bank said in a statement. Over 5.1 billion transactions were made through the national Mada payment system
This seminar is quite relevant to the financial institutions in the Kingdom of Saudi Arabia and the authorities concerned with combating money laundering and terrorist financing, which are keen to participate in the activities of this seminar.