The latest data from the Central Bank of Kuwait revealed that the “Wamd” instant payment service achieved exceptional growth during the first nine months of 2025, with the total value of transactions reaching approximately 6.063 billion Kuwaiti dinars, distributed across 80,200 transactions at an average of 76 dinars per transaction.
The figures highlight a sustained surge in the use of digital payment systems, driven by strong performance in the second and third quarters of the year.
Transaction values rose by 24.8 percent in the second quarter to reach 2.026 billion dinars, before climbing another 19.1 percent in the third quarter to 2.414 billion dinars. The first quarter had already recorded a significant 47.3 percent increase, with transactions totaling 1.623 billion dinars, compared to 1.101 billion in the final quarter of 2024.
The Central Bank noted that this steady upward trend underscores the growing preference among individuals and businesses to adopt “Wamd” as a primary digital payment channel, thanks to its speed, reliability, and enhanced security features.
The continued success of “Wamd” reflects Kuwait’s progress toward advancing its digital finance ecosystem and promoting cashless transactions, in line with the country’s broader vision for technological innovation and financial inclusion.
