Apple Pay Said To Be Coming To Saudi Arabia This Week
Apple Pay may launch in Saudi Arabia alter this week, according to local advertisements.
Advertisements from Saudi Arabia-based Al-Rajhi Bank noted that Apple Pay will launch in the kingdom on February 19 – the same day that it has been rumoured that the service will launch in the Czech Republic.
In October, Apple said that Apply Pay was “coming soon” to Saudi Arabia.
The announcement came as the Saudi Payment Network (mada) confirmed it would support the payment method.
On its website, Apple notes that Apple Pay works with debit cards from a number of major banks and websites.
#mada, the Saudi National Payments scheme, is pleased to confirm it will support Apple Pay, enabling our customers to make easy and secure payments, when the service launches in KSA soon.— mada | مدى (@mada) October 5, 2018
In addition to Al-Rajhi , the website lists Saudi Arabia’s National Commercial Bank and Riyad Bank.
Since launching in the United States in October 2014, Apple Pay has expanded around the world, including to the United Arab Emirates.
In the UAE, Apple Pay works with Abu Dhabi Commercial Bank, Emirates Islamic, Emirates NBD, mashreq, RAKBAK, Sharjah Islamic Bank and Standard Chartered Bank.
For all the latest banking and finance news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
Aqua Labs Backs UAEs Vision 2030 With Launch Of $20mn Startup Fund
The programme invites founders worldwide to apply for funding, mentorship, and access to Web3 infrastructure The post A... Read more
Alpha Dhabi Sells 8.5% Modon Stake To Abu Dhabi Governments Limad Holding
The wholly owned entity of the Abu Dhabi Government now owns majority share in Modon after buying IHC and ADQ stakes as... Read more
ADNOC Distribution Delivers Its Strongest EBITDA Since IPO For Q3
Quarterly EBITDA of $319mn is the highest ever, up 15.9%; Net profit surged to $221mn, up 21.5%; Record 9M fuel volumes... Read more
PIF Spending Shift To Spur Greenfield FDI In Saudi As Private Equity Expands
Bain’s Gregory Garnier says Saudi's sovereign wealth fund is entering a more disciplined phase, redirecting capital f... Read more
EXCLUSIVE: SEDCO Capital Listing Possible Within 3 Years, CEO Says Amid Saudi IPO Boom
CEO Rayyan Nagadi says the group’s investment arm could go public within 3 years, as Saudi Arabia’s buoyant IPO mar... Read more
Tabby Completes Secondary Share Sale At $4.5 Billion Valuation
The transaction involved HSG, Boyu Capital and other investors acquiring shares from existing shareholders The post Tab... Read more