E-payment systems in Saudi Arabia

E-commerce in Saudi Arabia has received a boost following the launch of several digital payment platforms in the last few years, a development that should support the growing number of online shoppers and contribute to government efforts to diversify the economy. Saudi Arabia is one of the fastest-growing markets in the Middle East for electronic payments, investments in the e-commerce market are set to rise under the government’s Vision 2030 strategy and National Transformation Programe (NTP), which both aim to improve communications connectivity and data transmission throughout the country as part of the broader diversification drive. Answer the following questions: 1. What are the different methods of e-payment systems used in e-commerce platforms in Saudi Arabia?

2. Discuss the benefits of the multiple types of e-payment system to the customers? 3. Discuss the benefits of the multiple types of e-payment system to the e-commerce business?

4. What are some factors affecting the e-commerce business when choosing the e-payment gateways? 5. Explain some issues related to the e-payment system in the e-commerce platforms? Guidelines for the assignment: ✓ Make sure to include the cover page with all information required. ✓ This is an individual assignment, which is part from your course score. It requires effort, search and critical thinking. ✓ Use font Times New Roman, Calibri or Arial. ✓ Use 1.5 or double line spacing with left Justify all paragraphs. ✓ Use the footer function to insert page number. ✓ Ensure that you follow the APA style in your assignment.