Established in 1992 by local Kuwaiti banks, The Shared Electronic Banking Services Co. (Knet) was created to connect the services of all banks in Kuwait and establish a shared electronic payment infrastructure. It operates the national switch, connecting all ATMs and Point of Sale (POS) terminals across the country. Knet also provides a comprehensive online payment gateway for e-commerce and government services, facilitating secure and efficient digital transactions for individuals and businesses throughout Kuwait.

Founded in

Kuwait