Petrol stations in Saudi Arabia soon to start accepting e-payments

Petrol stations in Saudi Arabia soon to accept e-payments. (AN file photo)
Updated 12 July 2019
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Petrol stations in Saudi Arabia soon to start accepting e-payments

  • Banks are ready to provide machines upon requests from operators, and that those who do not fulfil this obligation will be dealth with by inspectors

RIYADH: Petrol stations in the Kingdom will start accepting e-payments via the Saudi Payments Network (MADA) from July 17.

Ziad Al-Yousef, managing director of MADA, said it has provided 4,000 e-payment machines to petrol stations and services stores.

He added that banks are ready to provide machines upon requests from operators, and that those who do not fulfil this obligation will be dealt with by inspectors from the Ministry of Commerce and Investment (MoCI).

Abdulaziz Al-Barrak, deputy head of the national committee for petrol stations, said all 12,000 of them in the Kingdom will have to implement the initiative or face a fine.

Economist and financial analyst Talat Zaki Hafiz told Arab News that the initiative is in line with the Financial Sector Development Program (FSDP), which is striving for a cashless society and to reach an e-payment target across the Kingdom of 70 percent by 2030.

He said customers will be entitled to file a complaint of non-availability of service via the ministry’s various channels.

“The fuel station sector is required to provide the terminals and electronic payment at its stations and service facilities,” Hafiz added.

Saudi banks have been asked to be ready to receive requests from the petrol sector and respond to them through all the different banking channels such as branches as well as internet banking and telephone banking.

“Objections can also be submitted to banks that have not complied with, either by delaying the process or not providing the necessary maintenance for devices,” he said.

On possible challenges, Hafiz said that the most important challenges that may face the initiative in the coming period is the lack of commitment of the target sector to request and provide devices to their locations during the period following the ministerial decision, as the announcement was made more than three months ago.

He added that the customers will be entitled to file a complaint of non-availability of service after the target date through the different channels of the MoCI.


Riyadh Diplomatic Quarter sets up first blood donation campaign

Updated 36 min 8 sec ago
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Riyadh Diplomatic Quarter sets up first blood donation campaign

  • It aims to boost the authority’s role in society by supporting patients and hospitals

RIYADH: The General Authority of the Diplomatic Quarter in cooperation with King Saud University has organized its first blood donation campaign.

It aims to boost the authority’s role in society by supporting patients and hospitals that are in constant need of blood, in accordance with its humanitarian role and social responsibility. It promotes the authority’s partnership with the Ministry of Health and supports its efforts to provide blood units for every person in need.

The Saudi Ministry of Health launches a campaign each year to raise awareness about the importance of blood donation, highlighting the role it plays in saving the lives of hundreds of thousands of patients awaiting surgical operations.

Blood banks in Saudi Arabia and the region still face difficulties, and many government and private entities work to meet the needs of government and private hospitals to maintain blood reserves.

“We are always working to serve the nation and bear a responsibility toward every citizen and resident, which comes in line with the authority’s national role and the efforts to realize the leadership’s ambitions,” the authority’s Executive Chairman Dr. Fahd bin Mushayt said.

He said that the campaign was part of the efforts exerted at the Diplomatic Quarter to keep pace with the development of the Kingdom.

The campaign attracted ambassadors, diplomatic corps employees and their families, in addition to citizens and residents.

Mushayt expressed his gratitude to all those who had donated blood and contributed to the campaign’s success.