Visa Acceptance Platform Enables Local E-commerce Payment Processing through Saudi Arabia’s New E-commerce Payments Interface

• Visa Acceptance Platform designed to help enable faster, reliable and supports compliant e-commerce payment processing for merchants and payment service providers.

Riyadh, Saudi Arabia — Visa, a global leader in digital payments, today announced that merchants and payment service providers in Saudi Arabia can now process e-commerce transactions locally and compliantly using the Visa Acceptance Platform, following its certification for the Saudi Central Bank’s (SAMA) New E-commerce Payments Interface.

With the deployment of the Visa Acceptance Platform on local cloud infrastructure last year, the capability now enables locally processed and compliant e-commerce payments while helping deliver seamless consumer payment experiences.

The Visa Acceptance Platform brings together payment processing, fraud management, tokenization, and authentication in one solution hosted locally. It helps merchants and payment service providers simplify integration and support key e-commerce use cases, including feature-rich mada acceptance, card-on-file functionality, digital wallets and recurring payments support.

Ali Bailoun, Senior Vice President and Group General Manager for Saudi Arabia, Bahrain and Oman at Visa,  said: “As digital commerce continues to scale in Saudi Arabia, payment capabilities must evolve to support local market requirements while delivering seamless experiences for consumers. Enabling local e-commerce processing through the New E-commerce Payments Interface on the Visa Acceptance Platform helps simplify payment acceptance and enables seamless e-commerce experiences for consumers.”

About Visa

Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.

Media Contact

Amal Abdulrahman amabdulr@visa.com