What's New in Payments

Saudi Arabia combines NFC, QR and faster payments to speed move to cashless society

ziad-al-yousef

Saudi Payments, Saudi Arabia’s national payments infrastructure operator, is to use a combination of NFC and contactless payments, a new faster payments system and the introduction of a common QR code platform to reduce the use of cash and speed up its move towards a cashless society, managing director Ziad Al Yousef has told NFCW... More


What's New in Payments

Apple Pay goes live in Saudi Arabia and Czech Republic

Apple Pay rolling out in Czech Republic and Saudi Arabia — MacRumors — “In Czech Republic, users have so far reported successfully adding cards to their mobile wallets from Air Bank, Moneta Money Bank, Ceska Sporitelna, and payments company Twisto. .. In Saudi Arabia, Apple’s regional Apple Pay website has gone live and lists Visa and Mastercard support for Al Rajhi Bank, NCB, Mada, Riyad Bank, Alinma Bank, and Bank Aljazira.”


What's New in Payments

Apple Pay to launch in Saudi Arabia ‘soon’

Apple Pay is ‘Coming Soon’ in Saudi Arabia according to Apple — The Apple Post — “Apple has announced within an update to its website on Friday that Apple Pay is ‘coming soon’ in Saudi Arabia. The Saudi Payments Network (Mada), a major payment system in Saudi Arabia, has also confirmed that it will soon introduce support for Apple Pay.”


What's New in Payments

NFC mobile payments roll out in Saudi Arabia

Visa and Saudi Mada partner to launch new mobile-based application, Mada Pay — Zawya — “Mada Pay is an Android-based mobile application that enables cardholders to make fast, easy and secure contactless mobile payments at NFC-enabled merchants throughout Saudi and abroad with KSA [Kingdom of Saudi Arabia]-issued Visa cards (credit and prepaid). Visa and Mada co-badged (debit and prepaid) cards can also be used with Mada Pay.”