The story
Founded by Ministry of Finance.1
Private company
mada
Logo: Mada, Public domain, via Wikimedia Commons3
Payment system in Saudi Arabia
The Saudi Payments Network (Arabic: الشبكة السعودية للمدفوعات), commonly known as Mada (Arabic: مدى, literally "range" or "extent"; formerly SPAN), is the primary payment system in Saudi Arabia. Established by the Saudi Central Bank (SAMA), the network connects all automated teller machines (ATMs) and point-of-sale (POS) terminals across the Kingdom to a central payment switch that routes transactions to the appropriate card issuer.2 It was founded by Ministry of Finance.1 Wikipedia text CC BY-SA 4.0
Last updated Oct 21, 2026.
Overview
- Industryfinance1
- Websitewww.mada.com.sa/ar
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The Saudi Payments Network (Arabic: الشبكة السعودية للمدفوعات), commonly known as Mada (Arabic: مدى, literally "range" or "extent"; formerly SPAN), is the primary payment system in Saudi Arabia. Established by the Saudi Central Bank (SAMA), the network connects all automated teller machines (ATMs) and point-of-sale (POS) terminals across the Kingdom to a central payment switch that routes transactions to the appropriate card issuer.2
Products and brands
- financial services
Listed on Wikidata.1
Links
- Websitewww.mada.com.sa/ar1
- Websitewww.mada.com.sa/en1
- X (Twitter)x.com/mada1
- Instagramwww.instagram.com/mada_payments1
- WikipediaSaudi Payments Network
- WikidataQ7427147
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1Wikidatamada on Wikidata
- 2Wikipediamada on Wikipedia
- 3Wikimedia Commonsmada logo by Mada, Public domain