<ul><li>Saudi Arabia is becoming prominent in cross-border payments due to the increasing popularity of digital wallets.</li><li>54% of Saudi consumers making cross-border payments used digital wallets, ranking just behind the U.S. and ahead of the UK and Singapore.</li><li>While consumer adoption of digital wallets is high, SMBs in Saudi Arabia show lower usage rates due to concerns such as security, tracking, high costs, and poor exchange rates.</li><li>Bridging the gap between consumer and SMB adoption of digital wallets is crucial for Saudi Arabia to fully leverage its FinTech potential and redefine financial operations in the global economy.</li></ul>

Saudi Small Businesses Rethink Payments for a Faster Future

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