SAMA Licenses Tqniyat Daftar Company to Offer BNPL Services

البنك المركزي السعودي يرخص لشركة "تقنيات دفتر" لمزاولة نشاط الدفع الآجل

The Saudi Central Bank (SAMA) announced the licensing of Tqniyat Daftar Company to conduct buy-now-pay-later (BNPL) activity, bringing the total number of licensed finance companies to 76. SAMA stated the decision supports the finance sector and encourages innovation in financial services to enhance financial inclusion in the Kingdom, and it emphasized the importance of dealing only with institutions licensed or authorized by SAMA, which can be verified via its website.

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