Saudi Arabia: SAMA Issues License to Digital Wallet Solution Provider, Announces Other Key Updates
The Saudi Central Bank (SAMA) has reportedly licensed “Alhulul AlMubassatah Financial Company (SiFi)” to provide E-wallet solutions. With SiFi, there are now 25 licensed companies “offering payment services in Saudi Arabia, in addition to 7 companies that have obtained initial approval to operate within SAMA’s… Read More
Read more in: Asia, Fintech, Politics, Legal & Regulation | Tagged digital transactions, digital wallets, e-wallet, financial services, mena, mena region, middle east, saudi arabia, saudi central bank