Results
FAQ item 4
• Increased daily transaction limit on POS terminals from SAR 20,000 to SAR 60,000.
• Convenience to benefit from Naqd service to withdraw cash from merchants’ cash supply in outlets. Click here for more information on Naqd service.
• A seven-fold enhanced capacity in comparison to the previous generation.
• An unprecedented standard of enhanced transactions speed and performance.
• A wider reach of usage.
• Instant SMS notifications to cardholders on any cash withdrawals or POS transactions.
FAQ item 3
mada can be used in all automated teller machines (ATMs) and point-of-sale (POS) terminals offered by local banks throughout the country. Additionally, it can also be used regionally and globally through connecting with other payment systems such as GCC Net, VISA, MasterCard, and American Express to provide mada cardholders with a wider acceptance locally and overseas
FAQ item 2
mada card is a debit card issued by local banks that allows a cardholder to access funds in their accounts. And it works in the same mechanism of regular ATMS cards with newer standards of security and added-value features.