Accepting electronic payments in Saudi Arabia and the Gulf countries is not a simple matter due to the conditions and precautionary steps required to verify the credibility of your business activity before starting to accept electronic payments.
To enable electronic payments so that you can receive payments directly into your bank account, you must work with one of the authorized electronic payment companies in Saudi Arabia.
Authorized Electronic Payment Companies
Requirements
- Having an active commercial registration
- Having a bank account in the name of the business entity
- Completing registration with one of the authorized electronic payment companies
- Obtaining official approval from one of the banks
- Obtaining a Merchant ID
After fulfilling the requirements, we can now link electronic payments to your website, online store, or any electronic platform you wish to develop and integrate electronic payments into.
