Transforming Digital Payments in Saudi Arabia

The Saudi Central Bank (SAMA) has launched “Samsung Pay” through the national payment system “mada” to strengthen the digital payments ecosystem. This initiative supports the Saudi Vision 2030 goal of fostering financial inclusion and advancing FinTech solutions.

Advancing a Cashless Society

Commitment to Digital Transformation

The launch of Samsung Pay reflects SAMA’s commitment to establishing a robust digital payment infrastructure. By introducing innovative solutions meeting international standards, SAMA aims to reduce cash dependency and promote technological adoption.

Convenience and Security with Samsung Pay

Samsung Pay provides users with a secure and seamless payment experience. It allows users to manage their mada and credit cards efficiently via the “Samsung Wallet” application, ensuring convenience and security.

Supporting Vision 2030 and FinTech Leadership

The introduction of Samsung Pay is part of broader efforts to position Saudi Arabia as a global FinTech leader. This innovative solution addresses market needs and aligns with the Vision 2030 goal of enhancing financial accessibility and inclusion.