The Kingdom of Saudi Arabia is considered one of the leading countries in the field of digital transformation, and the Futech application comes as one of the most prominent solutions to increase digital payment in the country to users by enabling them to carry out financial transactions with ease, which will contribute to the strengthening of the digital economy, as Futech provides a number of financial services, including the ability to pay through mobile phone and instant money transfers, which make the payment process more flexible and faster. . With the growing reliance on technology in everyday life, Futech is an important step towards achieving the Kingdom’s 2030 vision in the area of digital transformation and increasing sustainability.
Launching the Futech application to increase digital payment in Saudi Arabia
The Futech application is considered an integrated, innovative solution that aims to address the challenges faced by businesses in the field of points of sale NFC Technology, multi-payment, and post-paid It also introducing a digital wallet dedicated to managing payments efficiently.
What are the features of the FuTech application?
The Futech application is characterized by its ability to enable commercial institutions to digitally issue invoices, which helps to deposit them and create detailed financial reports, as well as enabling the preparation tax returns The number of digital transactions reached around $49 billion last year, and this market is expected to grow 12.5% annually to reach $78 billion by 2027. Growth is due to the fact that 75% of financial transactions taking place through digital means, which shows a significant transformation towards trust in technology in financial transactions.
2024-11-03 16:53:00
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