Saudi Payments
About Saudi Payments
Saudi Payments manages and develops secure and interoperable payments infrastructure. It encourages the use of digital payments while also expanding the payment ecosystem. It caters to both banks and technology companies. It was founded in 2019 and is based in Riyadh, Saudi Arabia. It operates as a subsidiary of the Saudi Arabian Monetary Authority.
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Latest Saudi Payments News
May 18, 2023
18 May 2023 Financial services enabler Paymob has been awarded Saudi Arabia’s Payment Technical Services Provider (PTSP) certification, to provide its payment gateway services to merchants in the Kingdom. Saudi Payments issued the PTSP certification, meaning that Paymob is now fully operational in the Kingdom of Saudi Arabia (KSA). Paymob, which operates in the Middle East, North Africa and Pakistan, established an office in Riyadh, the capital of Saudi Arabia, in April this year. Paymob CEO Islam Shawky The fintech’s omni-channel payments infrastructure gives merchants more than 40 online and in-store payment methods through a single integration on its gateway, point of sale (POS) devices, and soft POS mobile. Islam Shawky, co-founder and chief executive officer of Paymob, said: “Obtaining the PTSP certification in Saudi Arabia is a significant accomplishment for us. “It reflects Paymob’s commitment to our KSA expansion plans, while serving merchants and entrepreneurs across the Kingdom to support their growth with cutting-edge financial technology solutions.” Shawky added: “We are excited to contribute to the emerging fintech ecosystem in Saudi Arabia and to play our part in driving the Kingdom’s digital transformation outlined in Vision 2030.” PayPal Ventures, Kora Capital, Clay Point Capital, Global Ventures, FMO, A15 and Nclude have all invested in Paymob. Share Company Number: 09298718 | VAT No. GB 202457834 Registered Office: Cromwell House, 15 Andover Road, Winchester, SO23 7BT +44 (0)20 7993 5159 Privacy Overview This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorised as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyse and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience. Always Enabled Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously. Cookie 1 year The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Advertisement". cookielawinfo-checkbox-analytics 11 months This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". cookielawinfo-checkbox-functional 11 months The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". cookielawinfo-checkbox-necessary 11 months This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Necessary". cookielawinfo-checkbox-others 11 months This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. cookielawinfo-checkbox-performance 11 months This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". cppro-ft 1 year This cookie does not save any personal information. They are simply used to track how a user has behaved on your website or a call-to-action. Events such as successful submission or closing can be tracked using cookies. cppro-ft-style session This cookie is used to track how a user has behaved on the website or a call-to-action. Events such as successful submission or closing can be tracked using cookies. cppro-ft-style-temp 1 day This cookie is used to track how a user has behaved on the website or a call-to-action. Events such as successful submission or closing can be tracked using cookies. viewed_cookie_policy 11 months The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not the user has consented to the use of cookies. It does not store any personal data.
Saudi Payments Frequently Asked Questions (FAQ)
Where is Saudi Payments's headquarters?
Saudi Payments's headquarters is located at King Abdullah Financial District, Riyadh.
Who are Saudi Payments's competitors?
Competitors of Saudi Payments include Yapily and 4 more.
Compare Saudi Payments to Competitors
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