SAMA, Google to launch Google Pay in Kingdom by 2025

user icon
GHADA.ISMAIL
calender icon
Jan 15, 2025
article image

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.


Share

Related News

Spare brings ‘Pay by Bank’ to Tabadulat investment platform
News
Calendar Icon
August 12, 2026
Spare brings ‘Pay by Bank’ to Tabadulat investment platform
Read More
Saudi investment platform OORI secures CMA license
News
Calendar Icon
August 10, 2026
Saudi investment platform OORI secures CMA license
Read More
Tamara secures first A- credit rating with stable outlook
News
Calendar Icon
August 3, 2026
Tamara secures first A- credit rating with stable outlook
Read More
Saudi PoS sales hit SAR 178 bn in Q2-26; F&B sector leads
News
Calendar Icon
August 2, 2026
Saudi PoS sales hit SAR 178 bn in Q2-26; F&B sector leads
Read More
Pay10 scales Bahrain business to support cashless payments
News
Calendar Icon
July 27, 2026
Pay10 scales Bahrain business to support cashless payments
Read More
KamelPay launches AbsoluteCard in UAE powered by Paymentology
News
Calendar Icon
July 21, 2026
KamelPay launches AbsoluteCard in UAE powered by Paymentology
Read More
Nium strengthens Saudi Expansion through local cross-border payments partnerships
News
Calendar Icon
July 19, 2026
Nium strengthens Saudi Expansion through local cross-border payments partnerships
Read More
Amad earns Guinness World Record as world's largest fintech hackathon
News
Calendar Icon
July 19, 2026
Amad earns Guinness World Record as world's largest fintech hackathon
Read More
RAKBANK, Mastercard cooperate on powering UAE digital payment innovation
News
Calendar Icon
July 15, 2026
RAKBANK, Mastercard cooperate on powering UAE digital payment innovation
Read More
Tabby unveils new identity, launches ‘Tabby Cash’ to expand beyond BNPL
News
Calendar Icon
July 15, 2026
Tabby unveils new identity, launches ‘Tabby Cash’ to expand beyond BNPL
Read More