- Saudi Payments encourage innovation and strengthen the financial sector in the Kingdom, the leading payments brands in Saudi Arabia
- Announced the launch of Saudi Arabia’s instant payments system ‘sarie’ in cooperation with IBM and Mastercard
- This collaboration marks a key milestone for payments innovation in the region and aligned with Saudi Payments’
- Today, ‘sarie’ supports all Saudi banks across the Kingdom and available for use by their customers
- The introduction of ‘sarie’ in line with Saudi Arabia’s Financial Sector Development Program (FSDP) under Saudi Vision 2030
- Saudi Payments selected IBM GBS the services and consultancy arm of IBM, to lead the project as the SI partner