Establishing STC Pay for E-Money with 1M Dinar Capital
The "STC Pay Electronic Money Services" company was established with a capital of one million Kuwaiti dinars, wholly owned by Kuwait Telecom Company (stc), which holds 99.5% of the shares. The company's goal is to provide large-scale electronic money services within Kuwait and beyond, in line with the growth of the financial technology sector and the expanding reliance on digital payments in Kuwait.
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