SAMA Licenses “Modern Integrated Solutions Financing” Company to Engage in BNPL Activity”
SAMA Licenses “Modern Integrated Solutions Financing” Company to Engage in BNPL Activity”
Sectors:
Topics:
FintechPayment Provider
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Payments & E-Money in Saudi Arabia
Payments & E-Money regulatory updates from Saudi Arabia.
We track 17 Payments & E-Money updates from Saudi Arabia regulators, published by SAMA. The archive covers 17 news items. Most recent update: April 2026.
SAMA: E-Payments Account for 85% of Total Retail Payments in 2025
SAMA: E-Payments Account for 85% of Total Retail Payments in 2025
Sectors:
Topics:
Payment ProviderBankFintech
SAMA Holds First Digital Transformation Committee Meeting with Financial Institutions in Banking Sector
SAMA Holds First Digital Transformation Committee Meeting with Financial Institutions in Banking Sector
Sectors:
Topics:
BankFintech
SAMA Licenses “Atyoun Litqniyat AlMalumat WalIttisalat AlMubtakirah” Company to Provide Payment Services
SAMA Licenses “Atyoun Litqniyat AlMalumat WalIttisalat AlMubtakirah” Company to Provide Payment Services
Sectors:
Topics:
Payment ProviderFintech
SAMA Commences Licensing of Fintech Companies to Provide Open Banking Services
SAMA Commences Licensing of Fintech Companies to Provide Open Banking Services
Sectors:
Topics:
FintechBankPayment Provider
SAMA Licenses “Altknwlwjya aljadydh llhulul albrmjyh” and “lyn tknwlwjyz Company Saudi Arabia litqniyat nuzum almaelumat” to Provide Open Banking Services
SAMA Licenses “Altknwlwjya aljadydh llhulul albrmjyh” and “lyn tknwlwjyz Company Saudi Arabia litqniyat nuzum almaelumat” to Provide Open Banking Services
Sectors:
Topics:
FintechPayment Provider
SAMA Issues the Updated Oversight Framework of the Payment Systems and Their Operators
SAMA Issues the Updated Oversight Framework of the Payment Systems and Their Operators
Sectors:
Topics:
Payment ProviderFintech
SAMA Licenses “Wukad Solutions for Aggregation Services” Company to Provide Finance Aggregation Services
SAMA Licenses “Wukad Solutions for Aggregation Services” Company to Provide Finance Aggregation Services
Sectors:
Topics:
Fintech
SAMA Seeks Public Consultation on Draft Rules Regulating Cash Center Management and Operation
SAMA Seeks Public Consultation on Draft Rules Regulating Cash Center Management and Operation
Response Due: 4 March 2026
Sectors:
Topics:
BankPayment Provider
SAMA Licenses “Tabby finance” Company to Engage in BNPL Activity
SAMA Licenses “Tabby finance” Company to Engage in BNPL Activity
Why this matters
This regulatory update announces that SAMA has licensed the 'Tabby finance' company to engage in Buy-Now-Pay-Later (BNPL) activities, which falls under the Payments & E-Money and Consumer Credit sectors.
Sectors:
Topics:
FintechPayment Provider
SAMA Licenses “Darb Pay for Information Technology” to Provide Payment Services
SAMA Licenses “Darb Pay for Information Technology” to Provide Payment Services
Why this matters
This regulatory update announces that SAMA has licensed 'Darb Pay for Information Technology' to provide payment services, which is relevant for payment providers operating in Saudi Arabia.
Sectors:
Topics:
Payment Provider
SAMA Seeks Public Consultation on the Draft Update to the “Oversight Framework for Payment Systems and Their Operators”
SAMA Seeks Public Consultation on the Draft Update to the “Oversight Framework for Payment Systems and Their Operators”
Why this matters
This regulatory update from SAMA relates to the oversight framework for payment systems and their operators, which is relevant for payment providers. It covers topics around authorization and licensing as well as operational resilience, which are important for this sector.
Response Due: 27 November 2025
Sectors:
Topics:
Payment Provider
SAMA Revokes the License of “Fas Finance Company”
SAMA Revokes the License of “Fas Finance Company”
Why this matters
This regulatory update from SAMA (Saudi Arabian Monetary Authority) regarding the revocation of the license of Fas Finance Company is relevant to banking and payments firms, particularly those operating in the Saudi Arabian market.
Sectors:
Topics:
BankFintech
SAMA Hosts BIS Innovation Summit
SAMA Hosts BIS Innovation Summit
Why this matters
This news item discusses a summit hosted by SAMA (Saudi Arabian Monetary Authority) focused on innovation, which is relevant to banking, payments, and crypto/digital assets sectors. The key topics covered are likely technology, licensing, and operational resilience given the nature of the event.
Sectors:
Topics:
BankFintechCrypto Exchange
SAMA Updates Implementing Regulation of Finance Companies Control Law
SAMA Updates Implementing Regulation of Finance Companies Control Law
Why this matters
This regulatory update from SAMA relates to the implementing regulation of the Finance Companies Control Law, which impacts banks, fintechs, and payment providers operating in the Saudi Arabian financial sector. It covers prudential and licensing requirements, making it a medium urgency update for the relevant firms.
Sectors:
Topics:
BankFintechPayment Provider
SAMA Issues Fees Guide for Financial Institutions’ Services
SAMA Issues Fees Guide for Financial Institutions’ Services
Why this matters
This regulatory update from SAMA (Saudi Arabian Monetary Authority) relates to the issuance of a fees guide for financial institutions' services, which impacts banking and payments sectors.
Sectors:
Topics:
BankPayment Provider
SAMA Introduces Electronic Check Clearing System (ECCS) Service on its Website
SAMA Introduces Electronic Check Clearing System (ECCS) Service on its Website
Why this matters
This update introduces a new electronic check clearing service by SAMA, which is relevant for banking, payments, and fintech firms in Saudi Arabia. It impacts operational resilience and technology/cyber aspects of these firms.
Sectors:
Topics:
BankFintechPayment Provider