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Al-Rajhi Bank launched the Soft POS app on mobile phones, and the first purchase through the app was made in the Kingdom yesterday (Sunday).
The bank explained that the innovative new app provides a new, fast electronic payment mechanism that allows POS customers at all locations to convert their phones to a payment acceptance method as an alternative to POS devices, which will increase their business and will save them effort. , cost and maintenance operations.
He said that this step is one of the first service providers in the region after being approved by “Saudi Payments” as one of the possibilities for financial and digital inclusion, and is seen as one of the steps for develop the financial sector in the Kingdom. , in addition to being in line with the Saudi Central Bank’s goals of encouraging innovative digital initiatives and reducing reliance on criticism.
The bank appreciated the support of successful partners, which are “Saudi Payments” through “Mada”, which adopts innovative and enabling initiatives to develop the payment environment in the Kingdom, and the company Makan Payments, which provides a digital point of sale service.
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