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.

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.

RECENT NEWS

Investcorp exits RESA Power In Sale To Kohlberg, Marking First Exit For North American PE Fund

Investcorp aims to replicate RESA’s success globally across its private equity business Read more

Gate Group Secures Dubai VARA License

Gate Group’s Dubai arm is accelerating the expansion of its local team as it prepares for its official launch Read more

UAE Announces New Tax Rule

The UAE has announced a new waiver for tax fines in the country Read more

First Abu Dhabi Bank Powers Ahead With Record Q1 Numbers

Total income up 11 per cent to $2.4bn as net profit rises 23% to $1.4bn and profit before tax reaches $1.67bn; Total as... Read more

UAE To Launch Dirham-backed Stablecoin

Dirham-backed stablecoin launched in the UAE will enable simple digital payments Read more