The Saudi Central Bank (SAMA) announced the launch of a new e-commerce payments interface designed to enhance national payments infrastructure and support the growing e-commerce sector by enabling e-commerce service providers to use national rails. The interface is intended to support integration between the “mada” payment system and global payment networks through unified, simplified technical specifications, expanding payment options for end users. It also introduces a centralized registration service aimed at enabling banks and financial institutions to offer financing solutions to e-commerce businesses, and incorporates payment card tokenization to strengthen the security of electronic payment transactions.
Saudi Arabian Monetary Authority 2025-07-07
Saudi Central Bank launches new e-commerce payments interface linking mada to global payment networks
The Saudi Central Bank (SAMA) has launched a new e-commerce payments interface to bolster national payments infrastructure and support the e-commerce sector. This interface facilitates integration between the "mada" payment system and global networks, expands payment options, and introduces a centralized registration service for banks to offer financing solutions. It also includes payment card tokenization to enhance transaction security.