Tag: SAMA
Point of Sale terminals in Saudi Arabia surpass 1mn; SAMA
The Saudi Central Bank (SAMA) has revealed that the total number of Point of Sale (PoS) terminals in the Kingdom has surpassed 1 million,...
First fintech in Saudi; Urway secures certification from Saudi Payments
Saudi Arabia-based fintech, Urway has secured the Electronic Merchant Service Provider - Payment Technical Service Provider certificate, which is awarded by Saudi Payments.
The certification...
Saudi SAMA issues rules on e-service for banking documents
The Saudi Central Bank (SAMA) has issued controls on electronic issuance and verification for banking documents, as part of its ongoing efforts to improve the...
Saudi’s SAMA to begin repo operations with Bloomberg from Jan 2022
The Saudi Central Bank (SAMA) has revealed that it will use the Bloomberg auction system to conduct repo, reverse repo and Open Market Operations...
Saudi’s SAMA issues public consultation on rules for real estate refinance...
The Saudi Central Bank "SAMA" has released a public consultation on rules for regulating the business of real estate refinance companies in the kingdom.
The...
Saudi’s SAMA unveils 1st version of its Open Data Platform
The Saudi Central Bank (SAMA) has launched the first version of its Open Data Platform, which includes economic, financial, and monetary statistics and indicators.
The...
Saudi Arabia sees high contactless payments adoption via NFC; SAMA
The Saudi Central Bank (SAMA) revealed that the Kingdom witnessed the highest adoption of contactless payments through Near-Field Communication (NFC) with 94 percent, the...
Saudi’s SAMA extends deferred payment program by 3 months
The Saudi Central Bank (SAMA) has extended the deferred payment program it launched for micro, small and medium enterprises (MSME) by another three months.
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