Tap Payments secures payment gateway certification with Saudi Payments

Tap Payments secures payment gateway certification with Saudi Payments

Dubai: Tap Payments, a leading GCC-based fintech provider, proudly announces the certification of its payment gateway technology by Saudi Arabia’s national domestic payment network, mada, the largest payment network in the region with over 30 million cardholders. The certification positions Tap Payments as one of the first fintech companies in the region to build its own proprietary payment gateway technology and secure certification for Saudi Arabia’s national domestic payment network, mada. This will enable businesses to leverage the latest cutting-edge payment features and technologies provided by the Saudi Payments network. Among these features is the ability to tokenize cards and securely store them for clients a capability recently introduced by mada. This innovation streamlines checkout experiences and boosts conversion rates for businesses. “Achieving payment gateway certification from Saudi Payments is in line with the Financial Sector Development Program (FSDP), which is a key part of the Kingdom's 2030 Vision and a step toward having a cashless society and achieving the 70% target of non-cash transactions by 2025. Our goal is to simplify the payment process for businesses and help them grow and thrive as we grow the region together,” states Ali Abulhasan, Co-Founder and CEO, Tap Payments. Market statistics show