Saudi Payments Network


The Saudi Payments Network or mada is the only and major payment system in the kingdom of Saudi Arabia established by Ministry of Finance under the supervision of Saudi Arabian Monetary Agency. It connects all ATM and point of sale terminals throughout the country to a central payment switch which in turn re-routes the financial transactions to the card issuer. All banks in Saudi Arabia are required by the Saudi Arabian Monetary Agency to issue ATM cards fully compatible with the network. All services are provided to the customer free of charge, regardless of the ATM used, its operator, or the customer's card issuer.
Mada provides its services through over than 16,000 ATM machines and over 160,000 POS terminals in the Kingdom. In cooperation with global payment systems such as Visa, MasterCard, and Maestro, mada allows access to millions of ATMs and POS terminals worldwide.
The network has recently been upgraded to SPAN2 which is compliant with EMV standards and implements a higher capacity infrastructure and therefore less processing time, especially at POS terminals, resolving a major problem of the first generation SPAN system.

Member banks in the network

  1. Al-Rajhi Bank
  2. Al Bilad Bank
  3. Arab National Bank
  4. Bank AlJazira
  5. Emirates International Bank
  6. National Commercial Bank
  7. Riyad Bank
  8. SABB
  9. AlAwal Bank
  10. Saudi Fransi Bank
  11. Saudi Investment Bank
  12. Samba Financial Group
  13. National Bank of Kuwait
  14. Bank Muscat
  15. National Bank of Bahrain
  16. Alinma Bank
  17. Gulf International Bank