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Digital payments reach 84% in Kuwait amid banking overhaul
Original: Digital payments reach 84% in Kuwait as central bank pushes banking overhaul
Kuwait's central bank is pressing ahead with a broad overhaul of the banking sector, and digital payments now account for 84% of transactions in the country. The figure highlights how far Kuwaitis have shifted away from cash, and the report, carried by Syria's state news agency SANA, underscores regional attention to the Gulf state's financial modernization drive.
Why now: The central bank's push to overhaul banking and the high digital payment adoption rate mark a significant financial modernization milestone.
Evidence
- Digital payments reach 84% in Kuwait as central bank pushes banking overhaul · وكالة الأنباء السورية – سانا
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