Moven tie-up with STC Pay reaches 2 million users in 10-month trial phase

Monday 16 March 2020 | 10:54 CET | News
Digital Bank challenger Moven has announced a partnership with the STC Pay digital wallet app for online purchases, utility bill payments and fund remittances via smartphones. After completing its testing or pilot phase, STC Pay has reportedly managed to attract 2 million users in ten months, out of a population of around 35 million. Moven provides its proprietary technology to large banks worldwide, including Canada's TD Bank, Westpac in New Zealand and Indonesia's BCA. 

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Categories: Mobile & Wireless
Companies: Moven / STC
Countries: Saudi Arabia
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