SAMA launches Instant Payment System, transactions available 24/7 for low fee

RIYADH — The Saudi Central Bank (SAMA) launched on Saturday the instant payment system ‘sarie’ under the patronage of Dr. Fahad Al-Mubarak, governor of the Central Bank. Commenting on the achievement, the Central Bank Governor highlighted the new instant payment system’s utility in empowering the national infrastructure for digital payments, tracking the growth the Kingdom’s …

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