Saudi Payments Network

Saudi Payments Network (mada)
Native name
الشبكة السعودية للمدفوعات (مدى)
Company typeGovernment
IndustryFinance
Founded1990 (1990)
FounderSaudi Central Bank (SAMA)
HeadquartersRiyadh Province,
Riyadh,
,
Saudi Arabia
ProductsFinancial services
OwnerSaudi Central Bank
Websitemada.com.sa

The Saudi Payments Network (Arabic: الشبكة السعودية للمدفوعات), commonly known as Mada (Arabic: مدى, literally "range" or "extent" ; formerly SPAN), is the primary payment system in Saudi Arabia. Established by the Saudi Central Bank (SAMA), the network connects all automated teller machines (ATMs) and point-of-sale (POS) terminals across the Kingdom to a central payment switch that routes transactions to the appropriate card issuer.

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