BayanPay Email Format
Financial ServicesRiyadh, Saudi Arabia2-10 Employees
Bayan Payments Ltd, based in Riyadh, Saudi Arabia, is developing a digital payments platform centered on an aggregation-based gateway designed to support growing e-commerce and to introduce an e-wallet called BayanWallet. It operates in the financial services sector with a focus on enabling fast, simple, and secure payments. The company is currently in the regulatory sandbox overseen by the Saudi Arabian Monetary Authority, with an emphasis on complying with national policies. BayanPay aims to act as a digital payments provider for Saudi Arabia, delivering a seamless experience for global customers as well as Saudi businesses and individuals. The business context is shaped by Saudi Vision 2030 and the National Transformation Plan, which highlight digital payments as a key area for innovation. Its team comprises professionals and industry experts pursuing an extensive roadmap to develop the Kingdom's digital payments landscape.