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Blog entry by FintEdu Admin

SAMA Unveils Samsung Pay to Advance Saudi Arabia’s Digital Payments

KSA, 10 December, 2024 :  The Saudi Central Bank (SAMA) has introduced the "Samsung Pay" service through the national payment system “mada.” This move aligns with Saudi Vision 2030, aiming to enhance the Kingdom's digital payments ecosystem and promote financial inclusion.

The service enables users to securely manage mada and credit cards via the Samsung Wallet app, offering a seamless and secure payment experience.

As part of its commitment to a cashless society, SAMA continues to develop advanced payment solutions that meet international standards, solidifying Saudi Arabia’s position as a FinTech leader.

Source : www.sama.gov.sa

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