The Saudi Press Agency (SPA) has reported that online payments in the country jumped by more than 400% in the first quarter of 2020 compared to the same period last year.
A new mobile banking service AzerPay, is set for launch in Azerbaijan in the first quarter of 2020, according to reports. The service is relatively unique as it is integrated with governmental operations, allowing users of the service to automatically pay taxes. Users can also use the service to make contactless and remote payments, arrange money transfers, and apply for loans.