Mada Card
Mada Card
Mada is the national payment scheme owned by the Saudi Central Bank (SAMA) and connects all automated teller machines (ATMs) and point-of-sale (POS) terminals, as well as eCommerce stores offered by local banks and licensed FinTechs throughout Saudi Arabia to a central payment switch. This central switch then re-routes the financial transactions between a merchant's bank or FinTech and the card issuer's bank or FinTech.
The system also permits regional and global acceptance to provide mada cardholders with wider acceptance both locally and overseas.
Terms and Conditions
The system also permits regional and global acceptance to provide mada cardholders with wider acceptance both locally and overseas.
Terms and Conditions