The Saudi Central Bank enhances the digital payment system by launching a new service!

The Saudi Central Bank (SAMA) announced today, Monday, the launch of the Samsung Pay digital payment service through the national payment system "Mada," in a move aimed at enhancing the digital payment ecosystem in the Kingdom, in line with the goals of Saudi Vision 2030.

The Saudi Central Bank stated that this service aims to provide a secure and seamless payment experience for users, allowing them to easily add and manage Mada and digital credit cards through the Samsung Wallet app. This initiative is part of the Saudi Central Bank's strategy to enhance the use of modern financial technologies, support financial inclusion, and encourage the financial sector to provide the latest tech payment solutions.

The launch of this service is part of a series of digital innovations aimed at meeting the needs of the Saudi market while facilitating the digital payment experience and enhancing the Kingdom's position as one of the leading countries globally in financial technologies and digital payments.

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