![]() He added that contactless transactions were not just made with physical cards, but also through mobile phones, as he noted the huge shift in the Kingdom’s financial technology sector. ![]() We've seen it go from 4 percent to 97 percent,” Torre told Arab News. If you fast forward to the end of 2021, it was the highest adoption curve in the world. ![]() “In 2017, only 4 percent of all face-to-face transactions were contactless. Speaking on the sidelines of the 6th edition of Future Investment Initiative forum in Riyadh, Visa's regional president Andrew Torre, told Arab News that the Kingdom saw the highest digital payment growth curves in the world. RIYADH: Global digital payment firm Visa has said that Saudi Arabia’s contactless payment adoption has seen the fastest growth in the world.
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