KNET
About KNET
KNET provides national payment infrastructure and electronic banking services for financial institutions and merchants in Kuwait. The company manages the WAMD real-time payment scheme and collaborates with technology partners to modernise its digital payment systems. Recent coverage has focused on the expansion of its payment processing capabilities and the growth of its domestic instant transfer network.
FF News has published 2 stories featuring KNET since 2021, most recently "Kuwait’s Real-Time Payment Scheme WAMD Surpasses 1 Million Accounts in First Year" (28 May 2025).