SAMA Licenses “HIBERBAY INK AL-SAOUDIA For IT Systems” to Provide Payment Solutions
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The Saudi Central Bank (SAMA) licensed “HIBERBAY INK AL-SAOUDIA For IT Systems" to provide E-wallet solutions. With “HIBERBAY INK AL-SAOUDIA For IT Systems," there are now 27 licensed companies offering payment services in Saudi Arabia.
This decision reflects SAMA's endeavor to support the payments sector, increase the efficiency of financial transactions, and promote innovative financial solutions for financial inclusion in Saudi Arabia.
SAMA emphasizes the importance of dealing exclusively with authorized financial institutions. To view licensed and permitted financial institutions, visit SAMA's official website.
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