STC launches STC Pay to diversify revenue and move into the emerging m-payment market in Saudi Arabia
01 November 2018 | Research
Article | PDF (3 pages) | Mobile Services| Middle East and Africa Metrics and Forecasts
STC announced its mobile wallet service ‘STC Pay’ in October 2018 in Saudi Arabia. STC’s primary objective is to diversify its revenue sources, while also contributing to the nationwide ambition of improving financial inclusion and reducing cash usage.