The Saudi Central Bank (SAMA) and Google have officially signed an agreement to launch Google Pay in Saudi Arabia by 2025, integrating it into the country’s national payment system, mada.

This move supports Saudi Vision 2030, a comprehensive reform plan aimed at diversifying the economy and reducing reliance on cash transactions.

By enhancing the digital payments ecosystem, this initiative not only promotes financial inclusion but also supports the Saudi’s shift toward a more technologically advanced and cashless society.

Once implemented, Google Pay will provide users with a secure, seamless way to make purchases in stores, apps, and online platforms.

It will also enable users to conveniently manage their payment cards through Google Wallet, offering a centralised and user-friendly experience.

This development is expected to empower consumers and businesses alike, fostering innovation and growth within the financial sector.