back Back

American Express Saudi Arabia partners with Riyad Bank

By Leandra Monteiro

March 15, 2023

  • American Express Saudi Arabia
  • Amex Cards
  • Card Payments
Share

American Express, Saudi ArabiaAmerican Express Saudi Arabia has announced the signing of partnership agreement with Riyad Bank that will permit merchants on Riyad Bank’s Point of Sale (POS) network to accept American Express Card payments.

The agreement will give access to American Express Cardmembers to pay with their Cards at a significant number of new locations, providing greater payment choice and wider acceptance for them.

The POS partnership agreement was signed during a ceremony held in Riyad Bank’s headquarters in Riyadh with the presence of Fahad Mubarak Al Guthami, Chief Executive Officer at American Express Saudi Arabia, and Mohammed Abo Al-Naja, Chief Corporate Banking Officer at Riyad Bank, with officials from both sides in attendance.

Commenting on the significance of the new agreement, Al Guthami said, “We are pleased to work with Riyad Bank to expand on the number of locations that welcome American Express in the Kingdom, providing our Cardmembers with more locations and wider coverage more than ever to pay with their Cards across Saudi Arabia. This is part of our commitment to significantly expand on the businesses that accepts American Express in the Kingdom and around the world as a payment method.”

American Express Saudi Arabia is a financial company that was formed in the Kingdom in 1999 and since then has delivered an unparalleled standard of excellence while continuously focusing on the biggest opportunities to develop, create and innovate advanced payment solutions for both customers and businesses.

Previous Article

March 15, 2023

Tabit partners with Lenovo to offer BNPL to B2B customers in Canada

Read More
Next Article

March 15, 2023

Boubyan launches Oasis Club digital prepaid card along with Kuwait Airways

Read More








IBSi Daily News Analysis

Web3, Indian market

April 16, 2024

American Express Saudi Arabia

Explosive growth in Web3: UAE and MENA region poised to lead crypto, DeFi, and Metaverse revolution

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Paystand integrates B2B Payments with Microsoft Dynamics 365 Business Central

Read More

Today

Orange Money & Jordan Post to boost digital financial services in Jordan

Read More

Today

Nium approved as a ‘Registered Financial Service Provider’ in New Zealand

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023