Features, Benefits and How it Works
stc pay is a digital wallet and financial services platform launched in 2018 by Saudi Telecom Company (STC) and headquartered in Riyadh, Saudi Arabia. As a neobank, stc pay focuses on providing a wide range of financial services through its user-friendly mobile application, making banking more accessible and convenient for individuals in the region.
Moreover, the platform allows users to perform various financial transactions, including money transfers, bill payments, and online purchases, all without the need for a traditional bank account. This digital-first approach is particularly appealing in a rapidly evolving fintech landscape, where convenience and efficiency are paramount.
Likewise, its intuitive interface and transparent fee structures enhance user satisfaction, enabling individuals to understand the costs associated with their transactions clearly.
Overall, stc pay has established itself as a leading player in the Saudi Arabian fintech sector. The platform’s commitment to innovation and financial inclusion continues to drive its growth, as it aims to expand its offerings and adapt to the evolving needs of its users.
Go to stc pay
Founded: 2018
Headquarters: Riyadh, Saudi Arabia
Users: +7.8 million
Countries available: Saudi Arabia
Account plans: current accounts for personal users and businesses
