The deal signals STC’s push to build new business lines outside Saudi Arabia
STC Pay
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STC Pay now available exclusively for Hyperpay customers
Merchants can now accept more payments through the convenience and reliability of STC Pay
Apple Pay
Cash is still king in Saudi Arabia, despite fintech growth
Non-cash transactions accounted for less than a fifth in Saudi Arabia in 2016 – well shy of the ratio of 28% target for next year
