July 7th, 2020 - 12:20 GMT
stc pay, digital wallet and subsidiary of stc Telecom Company, Saudi Arabia’s largest telco, and Visa (NYSE: V), the world’s leader in digital payments, entered into an exclusive strategic partnership to launch customer-centric financial services and digital payment solutions to stc pay customers. The strategic partnership, involving a multi-year agreement, was signed via videoconference by Ahmed Alenazi, CEO of stc pay, and Ali Bailoun, Visa’s GM for Saudi Arabia. The new agreement – Visa’s first fintech partnership in Saudi - further builds on stc pay and Visa’s partnership from 2018 ...