Partners Banner
mada depends on the direct link to a bank account (through a Debit Card) from which withdrawals are taken and when payment transactions are made....
Prepaid cards are linked to prepaid records and are intended to be used on the principle of “light account" structures in accordance with the...
As an added-value service, naqd service is available at mada POS terminals wherever you see the mada cash back sign...
atheer is a value-added service for mada that allows cardholders to make their purchase payments in a safe, easy and fast manner simply by waving...
mada introduced a new online payment service that allows cardholders to securely shop from local online merchants using mada cards...
Pay safer and faster with mada and Apple Pay
Value added services
mada payment service paves the way for cardholders to enjoy a wide range of services that ensure...
All mada card transactions are recorded on current account statements, on-line records, or on mini-statements from...
In order to enhance the mada experience, please follow these tips while using the mada card in PoS terminals or ATMs to...
Issuing banks provide many special offers and merchants discounts regularly for mada cardholders with the purpose to incentivise them to pay...
mada the most convenient way to pay everyday
If you are a merchant or a business owner who is looking for an organized mechanism to manage your financial transactions revenues, then having a...
The purpose of this document is to outline the responsibilities of the merchant and their acquiring bank and all the details relating to the POS...
mada offers merchants a set of value-added services that helps them grow their business volume and enhance their financial control
PoS terminals must be connected to a communications network in order to work. There are many different...
With the objective to assist business owners to know more about mada and give them a chance to enrich their commercial activities with value-added...
Merchants perform PoS reconciliation to receive funds in their bank account.
Take control over every point-of-sale transaction with mada
The procedure for the Security Certification of POS terminals sets out the conditions that vendors of POS terminals must fulfil in order to...
A Merchant Service Provider (MSP) is a company or agent that provides a full suite of merchant services and support within the context of POS...
A Merchant Service Provider (MSP) is a company or agent that provides a full suite of merchant services and support within the context of POS installation and on-going maintenance. This agent is nominated by one of the acquiring banks in the KSA where it should be registered and approved by SAMA before being allowed to provide such commercial activity.
SAMA has issued the MSP Registration Rules and Procedures applicable to MSPs contracted by member banks. This document clearly states the responsibilities of each party in the relationship. These rules also apply to existing authorized POS terminal resellers/distributors that provide merchant support.
For further details on this issue, please contact one of the member banks that offer POS acquiring banking services.
The procedure for the Security Certification of POS terminals sets out the conditions that vendors of POS terminals must fulfil in order to qualify for an approval certificate issued by the General Department of Payment Systems (GDPS) and SAMA.
Terminal certification in general includes testing the entire cycle from the POS terminal system through acquiring banks to the card issuers. The procedure is applied by the only authorized certification laboratory managed by GDPS. All certifications are handled based on the rules set by EMVCo (Europay, MasterCard, and Visa).
mada cards work at a wide variety of POS terminals that have been certified by the GDPS Quality Assurance Team. To find out more, please contact certification@sama.gov.sa