Saudi Arabia

Saudi Arabia launches real-time payments with Vocalink partnership

The Saudi Arabian Monetary Authority (SAMA), the central bank of Saudi Arabia, has introduced real-time payments in the kingdom by…

Apple Pay launches in Saudi Arabia

Saudi Arabia’s national payment system mada has launched Apple Pay in the kingdom, in association with Mastercard. Initially, the service…

UAE, Saudi Arabia central banks unveil common digital currency Aber

The central banks of UAE and Saudi Arabia have launched a common digital currency project called Aber. The currency will…

Online payment platform PayFort obtains licence to operate in Saudi Arabia

PayFort, an online payment platform owned by e-commerce giant Amazon, has secured a licence from the Saudi Arabian General Investment…

Mastercard rolls out contactless payment service Masterpass in Saudi Arabia

Mastercard has rolled out its digital payment service, Masterpass, in Saudi Arabia in order to boost the country’s cashless ecosystem…