22 Hrs
Source:
Yasmina
Saudi Arabia launches Tap to Pay service
The Saudi Central Bank "SAMA" announced the upcoming launch of the Tap to Pay service in the Kingdom, which will allow stores and merchants to accept contactless payments directly through iPhone devices using NFC technology. The service supports contactless cards and digital wallets such as Mada. Its goal is to promote digital transformation in the payment ecosystem and provide faster and easier payment options, aligning with the Kingdom's vision for digital transformation. This announcement follows the introduction of Google Pay in the country. The service is expected to enhance the efficiency of electronic payment acceptance, especially for small and medium-sized enterprises.
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