Tagged: saudi payments

Nexo Standards Names Saudi Payments First Member From Saudi Arabia

Nexo Standards, a Brussels-based nonprofit organization for global payments, announced on Tuesday it has named Saudi Payments its latest Principal Member and the first in the association’s history from the Kingdom of Saudi Arabia.  According to Nexo Standards, Saudi Payments is a wholly-owned subsidiary of… Read More

HPS, a Payments Technology Firm, Chosen by Saudi Arabia Monetary Authority to Provide QR-based Payment Solution

HPS, a payments technology and services company, has reportedly been chosen by the Saudi Arabia Monetary Authority (SAMA) to offer a QR-based payment platform. The HPS deal is part of the Middle Eastern country’s larger Fintech development initiative. HPS will be overseen by Saudi Payments,… Read More

Vocalink Teams Up With Saudi Payments to Introduce Real-Time Payments to Saudi Arabia

International payment systems provider Vocalink, a Mastercard company, announced last week it has partnered with the Saudi Payments, a fully owned subsidiary of the Saudi Arabian Monetary Authority (SAMA), to launch real-time payments in Saudi Arabia. According to Vocalink, the partnership will enable account-to-account payments… Read More

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