An Overview of Mobile Payments, Fintech, and Digital Wallet in Saudi Arabia

Recent years have witnessed unprecedented growth in Mobile payments, digital wallet being the latest trend. These payments are very popular among young people in countries like China and India. In this paper we shall explore the extent of spread of digital payment, especially the digital wallet payments. In particular we shall study different aspects of digital payments in different region. Finally we shall look at the extent of these payments and associated technologies in the Kingdom of Saudi Arabia.