mada Payments Company

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Finance & Investment

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

About the Company

This company aims to modernize national payment-system infrastructure to accommodate the enormous growth in digital and electronic payment volume.

The project includes developing advanced anti-fraud security standards, alongside expanding partnerships with global payment networks.

80%+

current share of non-cash transactions

10bn+

payment transactions processed annually

2030

target for full transition to a cashless society

Digital paymentsFinancial infrastructureAnti-fraudDigital wallets

Qualification Requirements

Vendor qualification conditions

Supply of advanced payment-processing systems
Providing the network with equipment and software for fast transaction processing.
AI-powered financial fraud-prevention services
Developing solutions to detect suspicious transactions in real time.
Contactless-payment solutions development services
Designing modern payment technologies supporting digital wallets.

How It Works

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

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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.

We help you with registration and qualification procedures for this company, from the first file to full approval.