Kuwaiti banks issue 7.37 million cards as digital payments surge and cash use declines - Times Kuwait

From cash to contactless. Why the future of payments belongs to the youth

I have observed how my daughter makes payments, and it reflects a shift that is transforming the global economy. Millennials and Gen Z are redefining digital payments, driven by a desire for speed, accessibility and innovation. Their preferences are creating a “touch, scan, go” culture powered by tap-to-pay and scan-to-pay solutions, that are reshaping the […] The post From cash to contactless. Why the future of payments belongs to the youth app…

Kuwaiti banks issue 7.37 million cards as digital payments surge and cash use declines - Times Kuwait

The number of point-of-sale (POS) devices used for electronic payments grew by 8,680 units year-on-year, reaching 109,229 devices by September 2025, compared to 100,549 a year earlier. This nearly 9% rise indicates expanding commercial activity and economic growth, as new projects and businesses adopt digital payment systems in retail, services, and hospitality sectors. The number of ATMs recorded a decline, falling to 2,344 machines by the end …