Riyadh – Sharikat Mubasher: The Saudi Central Bank (SAMA) announced signing an agreement with Google to launch Google Pay services in 2025 via the Kingdom’s national payment network, Mada.
According to an official statement by SAMA, this step aligns with its efforts to enhance Saudi Arabia’s digital payments ecosystem under Vision 2030. It reflects the bank’s commitment to building a robust infrastructure, reducing reliance on cash, and offering globally compliant payment solutions.
Upon this agreement, Google Pay will enable users to conduct secure transactions in stores, through apps, and online. The service will also help users to add and manage Mada cards and digital credit cards securely via the Google Wallet app.
SAMA noted that Google Pay is part of broader initiatives to meet market demands and position Saudi Arabia as a leader in financial technology.