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3 Payment companies licenced by SAMA as part of Fintech companies

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Electronic Payments compulsory in all retail activities
Electronic Payments compulsory in all retail activities

3 Payment companies licenced by SAMA as part of Fintech companies or digital payment and Point of sales service providers. The Saudi Arabia Monetary Authority announced the update on 24th November 2020. More details below.

3 Payment companies licenced by SAMA as part of Fintech companies

The companies listed in the published details are:

  • Skyband as PI through point of sales services.
  • Noonpay as PI through e-commerce payment gateway services.
  • Foodics as PI through point of sales services.

Tha above payment companies are licenced for the services mentioned only.

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