Tuesday, December 10, 2024
SAMA introduces Samsung Pay via Mada to improve Digital Payments
"Samsung Pay" will be available through the Saudi national payment system "mada," according to the Saudi Central Bank (SAMA), which is aiming to improve the country's digital payment infrastructure. Trending: Procedure to follow for issuing final exit, after the death of the employer
This project is in line with Saudi Vision 2030, which aims to increase access to financial services and broaden the use of financial technology solutions in the Kingdom.
The introduction of "Samsung Pay" highlights SAMA's dedication to developing a strong digital payments system in order to ease Saudi Arabians away from cash.
To further improve financial accessibility and technology adoption, SAMA has introduced advanced digital payment solutions that are up to line with international standards. Recommend: Saudi Central Bank bans unapproved deductions from customers bank accounts
By integrating with the "Samsung Wallet" app, Samsung Pay provides customers with a safe and easy way to pay with their mada and credit cards.
Among other advances, the launch of Samsung Pay is an effort to address consumer demands and further establish Saudi Arabia as a world leader in the financial technology industry. Join Saudi Expatriates News at WhatsApp
SAMA introduces Samsung Pay via Mada to improve Digital Payments
