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Mastercard, mada to streamline online payment transactions in Saudi Arabia

Monday 26 March 2018 00:36 CET | News

mada, Saudi Arabia’s domestic payment network, and Mastercard have partnered to enable online payments using Mastercard’s Payment Gateway Services technology.

All local online merchants will be able to accept mada cards as a primary mode of payment on their websites. Opening up online payments via the mada network will offer cardholders and domestic merchants the opportunity to transact online.

The payment network facilitates all transactions throughout the Kingdom, connecting all financial transactions from automated teller machines (ATMs) and point-of-sale (POS) terminals throughout the country to a merchant’s bank and the card issuer bank.

For more information about Mastercard Payment Gateway Services, please check out a detailed profile of this company in our dedicated, industry-specific online company database.


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Keywords: MasterCard, mada, online payments, Saudi Arabia
Categories: Payments & Commerce
Companies:
Countries: World
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Payments & Commerce






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