SAMA Licenses “Lite Advanced Financial” Company to Provide Payment Services
البنك المركزي السعودي يمنح ترخيصاً لشركة "لايت أدفانسد فاينانشال" لتقديم خدمات الدفع
The Saudi Central Bank (SAMA) licensed "Lite Advanced Financial" company to provide e-wallet payment services, bringing the total number of companies licensed to offer payment services in Saudi Arabia to 32. SAMA stated the decision reflects its efforts to support the payments sector, increase efficiency of financial transactions, and promote innovative financial solutions for financial inclusion. SAMA emphasized the importance of dealing exclusively with authorized financial institutions, verifiable via its website.
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