![]() Mada Pay: an application allows bank customers, who have Issued cards, to save all their bank cards (whether related to the current or credit account) in one application on the smart phone and pay through it.Bayan Portfolio: an innovative and simplified way to enable individuals and businesses to accept, and spend electronic payments.STC Pay: a digital wallet equipped with all the means and options that enable individuals to control their payments in all, where they can transfer, receive, shop and control their financial matters through a single mobile application.The Kingdom of Saudi Arabia approves these services as e-payment portal: Payments are done through RemittanceĮ-payments are one of life’s facilitators especially that online shopping has became more popular and this method is used to pay immediately. Sarf System: the the financial rights system for government workers.Etimad Platform: it is an online platform for the electronic requests regarding payables for the public sector and the private sector.The Government payments are processed through these portals: Mada: a system that enables ATM, POS and online payment services to perform the online tasks easily and simply.Saree’: Known as the Saudi Fast Transfer System which enables the user to make remittances automatically and ensures access to the beneficiary immediately in order to reduce financial risks and dispense with carrying money to transfer from one bank to another.Sadad: an online system that operates by providing services for making payments and taxes for individuals, businesses and the public sector, and enables individuals to pay their electricity, water, telecommunications, and government fees.The Kingdom of Saudi Arabia has facilitated financial services by confirming a number of electronic methods including: Phone call: through banking services – phone banking.Electronic Payment: which is done through online banking services (Government Payments, Sadad).Payments methods differ to meet the individuals and entities’ various needs. The Ministry of Finance and the Saudi Arabia Monetary Agency (SAMA) are considered the two most relevant entities when it comes to monetary payment processes. This in turn is designed to facilitate the process of making government payments, while elevating them to the global standards of payment and data security. The eGovernment of the Kingdom of Saudi Arabia provides various systems for making government payments, thereby linking the government with its various sectors, and with the individuals. Introduction about Saudi's Government Payments
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