SAUDI PAYMENTS
Financial ServicesRiyadh, Saudi Arabia201-500 Employees
Saudi Payments is a mid-sized financial services company based in Riyadh, Saudi Arabia, that operates the nation’s payment infrastructure under the supervision of the Saudi Central Bank (SAMA). It enables digital and instant payments, contributing to faster settlement and improved banking reconciliation across the country’s payments ecosystem. In 2024, Mastercard partnered with Saudipayments to help launch the instant payments system called Sarie, a development that expands domestic payment capabilities through collaboration with global networks. The organization has historically connected with international payment networks to broaden digital payment options within Saudi Arabia. Its client base includes banks, corporate users, and other participants in the Saudi payments landscape who rely on a regulated, national infrastructure for their digital transactions. Based in Riyadh, the company operates within the Kingdom’s push to grow its digital economy by maintaining and expanding the national payment framework.
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