- The Saudi Central Bank grants Darb Pay for Information Technology a license to provide electronic payment services through digital wallets.
- With this new license, the total number of electronic payment service providers in Saudi Arabia rises to 28 companies.
The Saudi Central Bank (SAMA) has granted Darb Pay for Information Technology a license to operate electronic payment services through digital wallets.
According to an official statement published on SAMA’s website, this brings the total number of licensed companies providing payment services in Saudi Arabia to 28.
This decision reflects SAMA’s ongoing efforts to support and empower the payments sector, enhance the efficiency and flexibility of financial transactions, and encourage innovation in financial services — all with the goal of promoting financial inclusion and ensuring that financial services are accessible to all segments of society.
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