“60% of individuals still use cash at least once a week and that one out of four individuals use cash daily despite the overall decline in the average number of cash payments… just under 20% of the population use cash every day in the central region, which includes Riyadh, and the eastern region of Saudi Arabia. This percentage rises to 48% among the residents of the southern region and reaches 37% and 35% in the northern region and the western region respectively.”

–Fintech Saudi, a Saudi Central Bank initiative, published the results of its recent Fintech Adoption Survey. [Entrepreneur]