Mastercard partners with Mada Pay mobile wallet

Thursday 9 August 2018 | 21:13 CET | News
Mastercard has partnered with Saudi domestic payment network Mada to launch the Mada Pay mobile wallet. It claims to be the first tokenised multi-issuer mobile payment service in the country with contactless functionality, and one of the first of its kind globally. Mada Pay offers fast and safe payments at Near Field Communication (NFC)-enabled point of sale terminals with thousands of merchants. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: MasterCard
Countries: Saudi Arabia
::: add a comment
This article is part of dossier


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


E-wallets record 21 million transactions in Saudi Arabia

Published 31 Jul 2019 10:10 CET | Saudi Arabia
The Saudi market has witnessed a wide expansion in point of sale devices that operate via Near-Field Communication (NFC), ...

Samsung and Mastercard working together on digital ID technology

Published 22 May 2019 14:01 CET | World
Mastercard has announced a global strategic collaboration with Samsung Electronics to offer consumers a secure digital identity ...

STC launches STC Pay and holds tie-up talks with Western Union

Published 03 Oct 2018 10:57 CET | Saudi Arabia
Saudi Telecom Company (STC) has announced the launch of STC Pay by its Saudi Digital Payments subsidiary. STC Pay chairman Tareq ...

Visa and Saudi Mada partner to launch mobile payments application

Published 16 Jul 2018 13:06 CET | Saudi Arabia
Visa has announced that it has partnered with Mada, the national payment scheme, to bring Saudi consumers Mada Pay, a mobile ...

Checkout.com accepts payments via Saudi's Mada

Published 19 Apr 2018 10:17 CET | Saudi Arabia
International online payments company Checkout.com says it is the first service provider to accept payments via Mada, Saudi ...

Mada enables online payments via Mastercard gateway

Published 26 Mar 2018 10:33 CET | Saudi Arabia
Saudi Arabia's domestic payment network Mada is entering a partnership to enable online transactions using Mastercard's Payment ...

Ooredoo Qatar conducts first innovation roadshow

Published 01 Feb 2018 14:51 CET | Qatar
Ooredoo Qatar has conducted its first-ever Ooredoo Innovation Roadshow. Ooredoo brought together hundreds of entrepreneurs and ...

Zain Kuwait runs 'Your Path to Success' campaign aimed at SMEs

Published 22 Jan 2018 10:20 CET | Kuwait
Zain Kuwait has launched a campaign called "Your Path to Success" aimed at small and medium-sized enterprises, providing various ...