Tag "Saudi Payments"

Saudi Payments Unveils Instant Payments System Sarie With IBM and Mastercard

Saudi Payments, under the supervision of the Saudi Central Bank (SAMA) announced the launch of Saudi Arabia’s instant payments system ‘sarie’ in cooperation with IBM and Mastercard. ‘sarie’ now supports all Saudi banks across the Kingdom and is available for

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SABB and Geida Launches Tap-on-Phone Payment Option in Saudi

SABB and Geidea launched a partnership to launch an app-based tap-on-phone (SoftPoS) solution under the enablement and guidance of Saudi Payments. The payment acceptance process via smartphones combines SABB’s digital banking services with Geidea’s payments acceptance technology expertise. The initiative

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Saudi Central Bank Launches Instant Payment System Sarie

The Saudi Central Bank (SAMA) launched the instant payment system sarie, under the patronage of His Excellency Governor of the Central Bank Dr. Fahad bin Abdullah Al-Mubarak. Commenting on the achievement, the Central Bank Governor said that the launch of

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Amazon Payment Services Kicks off in MENA Region

Amazon has launched its Amazon Payment Services, previously known as PAYFORT, as a payment processing service in the Middle East and North Africa (MENA) region aiming to empower businesses with simple, affordable, and trusted online payment experiences. The newly launched

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A QR-based National Payment System for Saudi Arabia

To enhance the electronic payment throughout Saudi Arabia and reduce the dependence on cash, High-tech Payment Systems (HPS) has been appointed by Saudi Payments, a fully owned subsidiary of Saudi Arabia Monetary Authority (SAMA), to provide a unified QR code

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MEFTECH Innovation Awards 2019 Shortlist Announced

H.E. Dr. Ahmed Abdulkarim Alkholifey, the Governor of Saudi Arabia Monetary Authority (SAMA) will officially open MEFTECH, on 24th February 2019, 9:00 am at the Four Seasons Hotel, Riyadh presenting the opening speech at the leading two-day banking, Fintech and

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