The Saudi Central Bank (SAMA) announced that it has reached an agreement with Google to launch Google Pay in Saudi Arabia through the Mada national payment system in 2025.
As part of Saudi Vision 2030, SAMA is working to improve the Kingdom's digital payments environment, and this agreement supports those efforts. It demonstrates SAMA's dedication to building a strong digital payments infrastructure and easing the shift away from a society that depends heavily on cash by providing cutting-edge digital payment solutions that adhere to global standards.
Users will have access to a sophisticated and safe way to make purchases online, in applications, and in stores with Google Pay. Additionally, users will find it easy to add and manage their cards in Google Wallet.
This program is one of several larger solutions meant to satisfy consumer needs and solidify Saudi Arabia's standing as a world leader in FinTech.
