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Mada
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Type
Category
Status
Status
Identified: Connector has been requested by our Customers.
Registered: Connector is registered in the prioritisation queue for integration.
Live: Connector is live
Upvote the Connector to help better prioritise the integration..
Identified: Connector has been requested by our Customers.
Registered: Connector is registered in the prioritisation queue for integration.
Live: Connector is live
Upvote the Connector to help better prioritise the integration..
Card Schemes
Payment Methods
Identified
Mada 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 customers card issuer.
Mada provides its services through over than 17,000 ATM machines and over 225,000 POS terminals in the Kingdom. In cooperation with global payment systems such as Visa, MasterCard, and Maestro, mada allows access to millions of ATMs and POS terminals worldwide.
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 customers card issuer.
Mada provides its services through over than 17,000 ATM machines and over 225,000 POS terminals in the Kingdom. In cooperation with global payment systems such as Visa, MasterCard, and Maestro, mada allows access to millions of ATMs and POS terminals worldwide.
About Us
mada 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
mada 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
Market coverage
Settlement Currencies
SAR
Riyal