Sat, 2020-09-05 01:44
Fahd Ibrahim Al-Akeel is the newly appointed executive director of Saudi Payments, a Saudi Arabian Monetary Authority (SAMA) subsidiary, and operator of national payment network Mada.
The Cabinet in November 2019 approved SAMA’s request to establish Saudi Payments, responsible for operations and the development of the infrastructure of national payment systems.
The company aims to ensure that all payments and financial transactions processed in the Kingdom are safe and secure.
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