Articles with tag: sama

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Saudi Arabia shifts towards ecommerce and digital transactions, reveals report

18 Aug 2020 | Online Payments

Oxford Business Group (OBG) has released, in partnership with Saudi Payments, a report that reveals a shift towards ecommerce and digital transactions in the Kingdom.

Oxford Business Group, OBG, Saudi Payments, report, ecommerce, digital transactions, Saudi Arabia, COVID-19 Response Report, CRR, COVID-19, purchasing behaviour, fintech, Saudi Arabia Monetary Authority, SAMA

COVID-19 impact on Saudi Arabian banks might last up to nine months – KPMG study

28 Apr 2020 | E-invoicing, SCF & E-procurement

A report released by KPMG Saudi Arabia has revealed the impact COVID-19 has on the banking sector and the potential countermeasures to cope with the new normal.

bank, digital transformation, COVID-19, coronavirus, KPMG, report, banking, SMEs, retail banking, credit card, mortgage, liquidity, cyber risk, SAMA

SAMA raises e-wallet top-up limit to 4.800 EUR

26 Mar 2020 | Mobile Payments

The Saudi Arabian Monetary Authority (SAMA) has decided to raise the allowed top-up of the monthly ceiling limit for e-wallets up to 4.800 EUR (20.000 SAR). 

SAMA, e-wallet, top-up, SAR, digital payments, COVID-19, PSPs

Flipkart launches initiative to bring artisans, craftsmen online

01 Aug 2019 | Ecommerce

Walmart-owned Flipkart has launched a special initiative to help artisans, weavers, and handicrafts producers sell their wares on the ecommerce site.

Walmart, Flipkart, launch, artisans, ecommerce, India, Samarth

Exclusive interview with Ali Abulhasan, CEO of Tap Payments, on payment methods and ecommerce trends in MENA

27 May 2019 | Interviews

We interviewed Ali Abulhasan, Co-Founder and CEO of Tap Payments, to learn more about payment and ecommerce trends in the MENA region 

Ali Abulhasan, Tap Payments, payment method, Sadi Arabia, Kuwait, ecommerce, ecommerce trend, fintech, cross-border ecommerce, MENA, marketplace, Mada, SAMA, Visa, Mastercard, Middle East

Saudi Payments to introduce national payments system in Saudi Arabia

16 May 2019 | Online Payments

Saudi Payments has signed a MoU with banks and financial technology companies to implement a QR-based national payment system in Saudi Arabia.

Saudi Payments, payments system, Saudi Arabia, SAMA, merchant, bank

UAE and Saudi Arabia trial cross-border payments on blockchain

14 Dec 2018 | Payments General

The UAE and Saudi Arabia have launched a proof of concept (PoC) for experimenting with blockchain to help cross-border payments between the two countries.

Banking, blockchain, digital, innovation, partnerships, payments, cross-border, regulation, CBUAE, Central Bank of the UAE, SAMA, Saudi Arabian Monetary Authority, fintech, Middle East