Sirar by stc, Fintech Saudi to provide discounted digital signature service for SMEs

Saudi Fintech
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By Arya M Nair, Official Reporter
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Sirar by stc and Fintech Saudi have signed an agreement to provide a discounted digital signature service package in an effort to support small and medium-sized enterprises (SMEs), fintech companies and entrepreneurs.

The agreement solidifies the integration between the Digital Government Authority and the Saudi Central Bank (SAMA), to boost innovation and diversity of products and services through digital platforms, and increase the contribution of digital government services to the national economy, in line with the goals of Saudi Vision 2030.

The agreement was signed by the CEO of sirar by stc, Eng. Fahad Al-Jutaily, and the designated General Manager of the Fintech Saudi initiative, Mr. Nezar AlHaidar. Under the agreement, sirar by stc will offer a digital signature service package discounted by 60 percent that will benefit SMEs.

This step comes in line with the efforts deployed by the Authority and all stakeholders and aims to improve the regulatory environment for digital services, facilitate business, and strengthen strategic partnerships between government agencies and the private sector, in order to develop the digital ecosystem.

The Deputy Governor for Regulation and Digital Trust in the Digital Government Authority, Eng. Faris AlRabadi explained that this agreement aims to promote digital trust services, which contribute to improving the user’s experience, ensure that electronic transactions are conducted with high reliability and promote digital transformation in the Kingdom.

Eng. Al-Jutaily confirmed that this agreement comes within the framework of the company’s efforts to support and enable the fintech sector in the KSA, which serves the purpose and plans of digital transformation in the Kingdom. It is noteworthy that the digital signature service allows users to digitally sign documents from anywhere at any time, while ensuring reliability, authentication and security.

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