mada Payments Network

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Technology & Telecom

The national electronic payments network, processing every point-of-sale and ATM transaction in the Kingdom.

About the Company

The mada network processes every card payment transaction at points of sale and ATMs in the Kingdom, and is critical infrastructure for the Saudi financial system, with transaction volume growing enormously alongside the Kingdom's rapid shift to a cashless society and a marked decline in traditional cash use.

The network targets vendors specialized in real-time payment-processing systems, cybersecurity solutions protecting financial transactions, and modern contactless-payment technologies, with massive, sustained demand given the enormous daily transaction volume this network processes for the national economy.

80%+

current share of non-cash transactions

10bn+

payment transactions processed annually

Vital

the network's importance to the national economy

Electronic paymentsVital financial infrastructureContactless paymentsTransaction security

Qualification Requirements

Vendor qualification conditions

Qualification to supply real-time payment-processing systems
Holding international accreditation for financial processing systems.
Experience with cybersecurity protecting financial transactions
Holding accreditation for solutions protecting sensitive payment data.
Ability to reliably process massive transaction volumes
Technical architecture capable of handling millions of daily transactions.

How It Works

From first file to approval

An orderly process — each step builds on the last and unlocks the next.

Assess company readiness

We review your company's current standing and identify the right entities for its activity before any next step.

Review documentation

We verify your documents are complete and valid against the latest requirements.

Prepare requirements

We prepare each entity's requirements precisely, in line with the latest approved conditions.

Submit the application

We submit the application through each target entity's official portal.

Follow up with the entity

We follow up continuously until every requirement is met.

Obtain approval

We confirm activation and continue managing and renewing your file automatically.

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