Riyadh - Sharikat Mubasher: Network International, a leading enabler of digital commerce, obtained a license from the Saudi Central Bank (SAMA) to provide payment services in the Kingdom, according to the company’s statement.

SAMA’s license will enable Network International to empower the expansion of its regional clients by providing a wide range of payment solutions.

Network International targets fostering an inclusive payments ecosystem in Saudi Arabia by establishing long-term cooperation partnerships with merchants, businesses including SMEs, payment networks, banks, and fintech firms as well as small and medium-sized enterprises (SMEs) across various sectors.

Abdulaziz Al-Dahmash, Managing Director of Network International in Saudi Arabia, said: “We are proud to obtain this license from the Saudi Central Bank (SAMA) and excited to provide merchants and businesses with the solutions and expertise they need to thrive in the evolving digital landscape of Saudi Arabia.”

“Network’s robust acquiring solutions are designed to meet the unique needs of every business, from high-volume retailers to individual entrepreneurs and SMEs,” Al-Dahmash added.

It is worth noting that there are 27 authorized companies providing payment services in Saudi Arabia.