Articles with tag like: Saudi Arabia

Found 49 results in 1 second.

STC Pay, Thales join forces for contactless card payments

News | Cards | 15 Feb 2021

The Saudi Telecom Company (STC) mobile wallet app STC Pay has teamed up with France-based technology provider Thales to introduce contactless cards into the Kingdom of Saudi Arabia.

STC Pay, Thales, partnership, contactless payments, card payments, mobile wallet, POS, ATM, ecommerce, withdrawals, Saudi Arabia

Boku launches direct carrier billing for Microsoft in South Korea and Saudi Arabia

News | Mobile Payments | 11 Feb 2021

Boku, a global provider of mobile payment and identity solutions, has announced that it has launched direct carrier billing as a payment method for Microsoft in both South Korea and Saudi Arabia.

Boku, direct carrier billing, Microsoft, South Korea, Asia, Saudi Arabia, Middle East, mobile payments

Saudi Arabia to go live with Open Banking in 2022

News | Online & Mobile Banking | 25 Jan 2021

The Saudi Arabian Monetary Authority (SAMA) is launching a framework for Open Banking in the kingdom, allowing for a new direction in the sector.    

Saudi Arabia, Open Banking, SAMA, digital banking, API, Open Data, fintech, Open Finance

Nisbah Capital joins Tezos blockchain ecosystem

News | Cryptocurrencies | 07 Jan 2021

Saudi Arabia-based Nisbah Capital, the blockchain subsidiary of Taibah Valley has announced the entrance to the Tezos ecosystem as a corporate baker, according to the official press release.

Nisbah Capital, Tezos, Saudi Arabia, blockchain, ecosystem, Taibah Valley, Exaion, EDF, corporate baker, baker, decentralisation, MENA, MEA

Saudi Arabia to employ e-invoicing from December 2021

News | E-invoicing, SCF & E-procurement | 10 Dec 2020

Saudi Arabia has announced it will be introducing a new e-invoicing system that is expected to be a CTC regime.

Saudi Arabia, regulations, e-invoicing, CTC, framework, taxes, cross-border payments, debit, credit

Spotii expands to Saudi Arabia

News | Ecommerce | 16 Nov 2020

Spotii, a UAE-based payment service for retailers, now offers a buy-now-pay-later option to online shoppers in Saudi Arabia. 

Spotii, UAE, Saudi Arabia, expansion, buy-now-pay-later, retailers, merchants

Riyad Bank, JCBI work towards financial inclusion

News | Payments General | 26 Oct 2020

Saudi Arabia-based Riyad Bank has partnered with JCB International to enable the acceptance of JCB Cards at POS, online, and ATMs throughout the Kingdom of Saudi Arabia.

Riyad Bank, JCB International, JCB, Saudi Arabia, partnership, payments, financial inclusion, cashless, Vision 2030

US-based Flywire, Mastercard partner for cross-border tuition payments

News | Payments General | 17 Sep 2020

Vertical payments company Flywire has partnered with Mastercard to provide students with discounted foreign exchange rates on cross-border tuition payments made with Mastercard. 

Flywire, MasterCard, cross border payments, tuition payments, foreign exchange, FX , vertical payments, International Payments, international students, UAE, Saudi Arabia, Qatar, Kuwait, Kenya, Ghana, preferred payment method, international tuition, local currencies, credit cards, debit cards

Saudi Arabia shifts towards ecommerce and digital transactions, reveals report

News | Online Payments | 18 Aug 2020

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

Amazon Project Zero launches in seven new countries

News | Ecommerce | 11 Aug 2020

Amazon has announced the expansion of Project Zero to seven new countries – Australia, Brazil, Netherlands, Saudi Arabia, Singapore, Turkey, and the UAE.

Amazon, Project Zero, Australia, Brazil, Netherlands, Saudi Arabia, Singapore, Turkey, UAE, machine learning, intellectual property, counterfeits, authentic goods, Arduino, BMW, ChessCentral, LifeProof, OtterBox, Salvatore Ferragamo, Veet, counterfeit listings, product serialisation

Saudi Payments, JCB partner to enable card acceptance through 'mada'

News | Cards | 21 Jul 2020

Saudi Payments, operator of national payment network (mada) has partnered with JCB to enable the acceptance of JCB cards in Saudi Arabia.

Saudi Payments, JCB, card acceptance, mada, JCB cards, cards, Saudi Arabia, mada network, acquiring banks, local banks, Point of Sale Terminals, ATM terminals, Saudi Arabian Monetary Authority, national payment system

Discover Financial Services, Saudi Payments partner to expand card acceptance

News | Cards | 10 Jul 2020

Discover Financial Services has partnered with Saudi Payments to expand global acceptance for both companies. 

Discover Financial Services, Saudi Payments, cardholders, Discover, Diners Club International, Pulse, POS, point of sale, ecommerce, ATMs, digital payments, Issuer, terminal, merchants, Saudi Arabia, Discover Global Network

Huawei rolls out mada Pay app to enable contactless payments in Saudi Arabia

News | Mobile Payments | 09 Jul 2020

Huawei has launched the mada Pay app in cooperation with Saudi Payments, through the Huawei AppGallery application platform in Saudi Arabia.

Huawei, launch, mada Pay, contactless payments, Saudi Arabia, Huawei AppGallery, cards, digital wallet, NFC, card information, merchants

TransferGo secures EUR 10 mln in funding, launching in 11 new markets

News | Payments General | 17 Jun 2020

TransferGo, a UK-based international money transfer service, has raised EUR 10 million in funding.

TransferGo, UK, Seventure, Vostok Emerging Finance, Hard Yaka, Revo Capital, Bootstrap Europe, startup, Japan, New Zealan, Saudi Arabia, Singapore, Ghana

Wahed secures USD 25 mln in investment round

News | Payments General | 11 Jun 2020

US-based fintech Wahed, a digital Islamic investment platform, has closed a USD 25 million investment round led by Saudi Aramco Entrepreneurship Ventures.

Halal, fintech, startup, Wahed, Saudi Aramco, digital, Islamic, BECO, CueBall Capital, Dubai Cultiv8, Rasameel, Saudi Arabia, US, UK, Indonesie, Nigeria, India, CIS, Malaysia, Malaysian Securities Commission, Islamic Robo Advisory, Islamic ETF

MoneyGram, Al Rajhi Bank to support the cross-border payments market in Saudi Arabia

News | Payments General | 08 Jun 2020

MoneyGram has partnered with Al Rajhi Bank, a large Islamic bank, and Tahweel Al Rajhi, the remittances arm of Al Rajhi Bank, to provide money transfer services in Saudi Arabia.

MoneyGram, Al Rajhi Bank, cross-border payments, Saudi Arabia, remittances, money transfers, mobile payments, partnership

Deutsche Bank extends contract with Avaloq

News | Online & Mobile Banking | 04 May 2020

Germany-based Deutsche Bank has renewed its contract with the cloud banking provider Avaloq in Asia and in Europe until the end of 2028. 

Deutsche Bank, Avaloq, Germany, cloud banking, Asia, Europe, BPaaS, SaaS, Switzerland, Luxembourg, UK, Saudi Arabia, Singapore, Hong Kong, data

Online payments in Saudi Arabia jump by more than 400%

News | Online Payments | 14 Apr 2020

The Saudi Press Agency (SPA) has reported that online payments in the country jumped by more than 400% in the first quarter of 2020 compared to the same period last year.

Mada card, report, online payments, Saudi Arabia

Moven teams up with Saudi STC Pay for cross-border mobile banking project

News | Online & Mobile Banking | 16 Mar 2020

US-based challenger bank Moven has teamed with Saudi Arabia-based STC Pay to setup a banking service for Saudi mobile bank users.

Moven, STC Pay, partnership, mobile payments, mobile bank, mobile banking, Saudi Arabia, US, Brett King, payments processor gateway, core banking system, MENA, US

Saudi Payments becomes nexo standards' first member from Saudi Arabia

News | Payments General | 12 Mar 2020

Saudi Payments has joined nexo standards, an international association dedicated to enabling global interoperability in payment acceptance.

Saudi Payments, Saudi Arabia, nexo, payments, fintech, banks, Saudi Arabian Monetary Authority