Digital wallets debut in partnership with Saudi payments network Mada
The Middle East Money 20/20 Conference held today, Sept. 15, in Riyadh, saw the launch of Google Pay in Saudi Arabia. 
An agreement was also signed to enable Alipay+ transactions in the Kingdom, in collaboration with the Saudi Central Bank’s (SAMA) Mada network.
Finance Minister Mohamed Al-Jadaan said e-payments rose from 18% in 2016 to 79% by end-2024, making Saudi Arabia a global leader in the shift to a cashless economy.
Argaam data showed SAMA signed an agreement with Google in January to roll out Google Pay in 2025 via Mada.
Digital wallets debut in partnership with Saudi payments network Mada
The Middle East Money 20/20 Conference held today, Sept. 15, in Riyadh, saw the launch of Google Pay in Saudi Arabia.
An agreement was also signed to enable Alipay+ transactions in the Kingdom, in collaboration with the Saudi Central Bank’s (SAMA) Mada network.
Finance Minister Mohamed Al-Jadaan said e-payments rose from 18% in 2016 to 79% by end-2024, making Saudi Arabia a global leader in the shift to a cashless economy.
Argaam data showed SAMA signed an agreement with Google in January to roll out Google Pay in 2025 via Mada.
