Saudi Payments Network
The Saudi Payments Network or mada (formerly SPAN) is the only and major payment system in the kingdom of Saudi Arabia established by Ministry of Finance under the supervision of Saudi Central Bank. It connects all ATM and Point of Sale (PoS) terminals throughout the country to a central payment switch which in turn re-routes the financial transactions to the card issuer (local bank, Visa, American Express or MasterCard). All banks in Saudi Arabia are required by the Saudi Central Bank (SAMA) to issue ATM cards fully compatible with the network. All services are provided to the customer free of charge, regardless of the ATM used, its operator, or the customer's card issuer.
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Saudi Payments Network
The Saudi Payments Network or mada (formerly SPAN) is the only and major payment system in the kingdom of Saudi Arabia established by Ministry of Finance under the supervision of Saudi Central Bank. It connects all ATM and Point of Sale (PoS) terminals throughout the country to a central payment switch which in turn re-routes the financial transactions to the card issuer (local bank, Visa, American Express or MasterCard). All banks in Saudi Arabia are required by the Saudi Central Bank (SAMA) to issue ATM cards fully compatible with the network. All services are provided to the customer free of charge, regardless of the ATM used, its operator, or the customer's card issuer.
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The Saudi Payments Network or ...... first generation SPAN system.
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الشبكة السعودية للمدفوعات أو م ...... X) أو ماستر كارد (MasterCard).
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الشبكة السعودية للمدفوعات (مدى)
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Saudi Payments Network
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الشبكة السعودية للمدفوعات
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The Saudi Payments Network or ...... or the customer's card issuer.
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الشبكة السعودية للمدفوعات أو م ...... X) أو ماستر كارد (MasterCard).
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Saudi Payments Network
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الشبكة السعودية للمدفوعات (مدى)
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Saudi Payments Network (mada)
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