The Saudi Central Bank (SAMA) announced the launch of “Samsung Pay” through the national payment system “mada” in Saudi Arabia.
This initiative aims to promote financial inclusion and expand the use of Fintech solutions across the Kingdom.
This initiative reflects SAMA’s commitment to developing a robust digital payments infrastructure for transformation into a less cash-dependent society by providing advanced digital payment solutions that align with international standards.
The Samsung Pay service offers an advanced and secure payments experience, enabling users to conveniently provision and manage their mada cards and credit cards within the “Samsung Wallet” application.
Featured image credit: edited from freepik
