Kuwait is experiencing a remarkable acceleration in the adoption of digital payment solutions, with the use of cash in daily transactions declining to 30 percent, compared with 40 percent last year – the largest drop recorded among all GCC markets.
Mohammad Riyad, Regional Director of Visa in Kuwait, told KUNA that this trend reflects a fundamental shift in consumer payment habits, with increasing reliance on electronic methods as the preferred option for completing daily transactions.
He noted that digital payments now account…