Mada World SME Card

Mada SME card, is designed to fit your business’s banking needs

Features:

• Worldwide acceptance: at over 35 million merchants and 2 million ATMs around the world
• Priceless Arabia: a unique collection of experiences especially curated for Riyad Bank Mada SME cardholders. To view the list of offers, please click here
• "Atheer" Service: You can use this service to pay for low value purchases of up to SAR 300 per purchase by just taping or passing your card over the POS machine without the need of entering the PIN, as the customer may perform more than one transaction is allowed with the required cumulative limit of 300 SAR only, regardless of the number of transactions. In case that the transactions exceed the required limit of 300 SAR, the cardholder will be required to enter the password for each transaction for safety purposes

Online Shopping:

• You can use Mada card for online shopping on websites that accept Mada and MasterCard. The transaction will be deducted directly from the Current Account
• To check out simply use the card’s information such as: the card number, the name as printed on the card, the expiry date and the CVC code (a 3-digit number located on the back of the card)
• To authenticate the purchase transaction, a security code will be sent to the mobile number registered with the bank
• This service is free of charge for transactions in Saudi Riyal. As for foreign currencies, fees will be calculated as follows
  • Private Banking customers: 1.50%
  • Diamond Banking customers: 1.50%
  • Golden Banking customers: 1.75%
  • Silver Banking customers: 2.00%
  • Other customers: 2.50%
• The service is automatically activated for all Mada cards with a MasterCard logo, you can cancel the online purchase service from Riyad Online.
• The limit of use for online purchases is the same as daily usage limit through points of sale. You can modify the daily limit via Riyad Online or through the Bank's ATMs or by calling Riyad Line

Atheer Service

You can use this service to pay for low value purchases of up to SAR 300 per purchase by just taping or passing your card over the POS machine without the need of entering the PIN, as you may perform more than one transaction is allowed with the required cumulative limit of 300 SAR only, regardless of the number of transactions. In case that the transactions exceed the required limit of 300 SAR, the cardholder will be required to enter the password for each transaction for safety purposes.

"Atheer" Service Features:

• Service applies to cumulative values up to SAR 300 regardless of the number of transactions. For security purpose, after reaching SAR 300, the next transaction will be made by inserting the card and entering your PIN
• Atheer transactions will be included in the monthly credit card statement

Automated Callback

“Naqd” Service

• You can benefit from the service when using your Mada card to pay the purchase amount at merchants who provide the service
• The minimum value of cash is SAR 1 and the maximum value is SAR 400 per day
• There is no maximum number of transactions per day on which cash could be requested
• The service is available for all Mada cards
• This service is free of charge