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City’s de facto central bank says upgrade and relocation of Faster Payment System took longer than expected. The online transaction platform eventually came back up at 1pm.
Most major stock markets in the Gulf were little changed on Wednesday, amid inflation fears, while the Saudi index outperformed the region after the International Monetary Fund raised its economic growth forecast.
Fawry for Banking Technology and Electronic Payment (FWRY) announced further collaboration with Uber in offering e-payment services for the two companies’ clients via FawryPay
China Mobile, China Telecom and China Unicom are expected to roll out their new 5G messaging service, with electronic payment function, this month.
Can cryptocurrencies emerge as a competition to national currencies?