The Saudi Arabian Monetary Authority (SAMA) announced the launch of a new e-commerce payments interface designed to enhance the efficiency of Saudi Arabia’s national payment infrastructure and support the growing e-commerce sector. The interface enables e-commerce service providers to use national infrastructure and integrate the mada payment system with global payment networks through unified, simplified technical specifications, expanding available payment options. The launch also introduces a centralized registration service intended to help banks and financial institutions offer financing solutions to e-commerce businesses, and incorporates payment card tokenization to improve the security of electronic payment transactions. SAMA positioned the initiative within its broader strategy to develop the e-payments ecosystem, support the expansion of online businesses and service providers such as payment gateways and payment technical service providers, and advance digital payments indicators and financial technology strategy objectives.
Saudi Arabian Monetary Authority 2025-07-07
Saudi Arabian Monetary Authority launches new e-commerce payments interface linking mada to global networks
The Saudi Arabian Monetary Authority (SAMA) has launched a new e-commerce payments interface to enhance Saudi Arabia’s national payment infrastructure and support the e-commerce sector. This interface integrates the mada payment system with global networks and introduces a centralized registration service for banks to offer financing solutions. The initiative aligns with SAMA's strategy to develop the e-payments ecosystem and advance digital payments and financial technology objectives.