Saudi Arabian Monetary Authority raises monthly e-wallet top-up to SR20,000

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Fri, 2020-03-27 05:58

RIYADH: The Saudi Arabian Monetary Authority (SAMA) has informed licensed Payment Services Providers (PSPs) in the Kingdom with its decision to raise the allowed top-up of the monthly ceiling limit for e-wallets up to SR20,000 ($5,325).

The decision was taken an additional precaution by the monetary authority against possible coronavirus transmission as well as boosting digital payment transactions.

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