Browsing: payment

the Lagos State government said it has concluded plans to launch the Lagos Revenue Portal (LRP), which would provide a one-stop shop for the payment of taxes

Consumers often pay using a QR code, via Mir Pay and SBPay apps, using the NFC technology or biometric data

Italian luxury carmaker Ferrari said Wednesday its European dealers will start accepting cryptocurrency, following a similar move in the United States.

RIYADH: The Saudi Central Bank, also known as SAMA, has partnered with international financial institutions and central banks to build an innovative cross-border payments infrastructure.

The Financial Times notes that more than half of the European banks’ tax payments correspond to Austria’s Raiffeisen Bank International

RIYADH: Cashless payments in Saudi Arabia are expected to surge by 7.6 percent in 2024 to SR550 billion ($146.8 billion) as compared to SR511.5 billion the previous year, a report said.

Up to half of transactions between Russia and China are facilitated by means of intermediaries to avoid exposure by Chinese lenders to the risk of secondary sanctions, Reuters reported on Friday, citing trade consultants and bankers, as well as importers and exporters.

RIYADH: The Kingdom’s leading mobile wallet, stc pay, has received approval from the Saudi Central Bank to proceed with its transformation into STC Bank.

Risk of US secondary sanctions has forced banks in Kyrgyzstan and Kazakhstan to suspend financial ties and stop honoring Mir transfers