ICICI Bank has tied up with Sadad Electronic Payment Systems to offer remittance service for non-resident Indians (NRIs) based in Bahrain.
The 'Touch n Remit' service is available through Sadad kiosks across the kingdom,
Mobily, a leading telecom operator in Saudi Arabia, has launched a first-of-its-kind service that enables business customers to connect to Sadad’s payment services through the virtual Mobily network IP VPN.
The Saudi Arabian Monetary Agency (Sama) has enlisted business software leader SAP to revamp Sadad, the national electronic bill presentment and payment back office system, with cutting-edge technology.
The project is expected to
In a dramatic reversal of consumer behaviour in just five years, almost three-quarters of Saudi Arabia now settles utility, phone and other bills by electronic means such as ATMs, phone banking and online, according to new statistics.