Riyadh - Sharikat Mubasher: Moyasar Financial Company, a leading provider of digital payment solutions in Saudi Arabia, launched the Moyasar Payment Gateway (MPG) to boost the fintech sector in the Kingdom, the company announced in a press release

This move solidifies Moyasar’s leading role in offering inclusive digital payment services known for their excellence, efficiency, and reliability.

The MPG aims to meet the needs of acquiring banks and financial institutions, offering leading-edge features, such as recurring payments for digital wallets like Apple Pay through the national network Mada.

As the first locally licensed payment gateway with local hosting, the MPG offers a strong fraud protection system, enhancing customer confidence and security in financial transactions.

Further, it provides unparalleled responsiveness in completing online payment transactions to enhance customer experience and enable a larger volume of smooth and secure financial transactions.

The launch of MPG underpins Moyasar’s efforts to localize financial technologies, strengthen its technical infrastructure, and provide an integrated suite of financial products and services.