It represents a major leap in the field of financial transactions

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As it has facilitated automated exchange operations, as well as electronic and physical purchases, in addition to points of sale. These systems have introduced better standards in terms of quality, ease and flexibility in dealing, in addition to the security element, which is considered the main factor in the quality of financial transactions.

What are its types and features? How can it be issued? What are the Chinese Europe Phone Number List most famous banks that issue it in the Kingdom of Saudi Arabia? Let us tell you the answers to these questions during this article. WHAT ARE MADA CARDS? Mada cards fall under the category of smart cards, which are considered one of the types of credit cards that contain a smart chip that is responsible for storing, processing, and continuously updating data. This smart card can complete purchasing transactions or cash withdrawals using the balances available in it, or those that are deposited in it from time to time.



It is worth noting that Mada goes hand in hand with the process of remarkable development in the infrastructure in the Kingdom of Saudi Arabia, especially in the field of payments. For example, but not limited to: card users can benefit from it and enjoy its features throughout the Kingdom of Saudi Arabia through the ATM system, which number more than 18,000 machines. This is in addition to the 324,000 point-of-sale devices that you can find in all stores and shopping centers within the Kingdom’s cities and various regions. As for Mada cards exclusively; Its working mechanism is basically similar to the mechanism of automatic debit cards issued by local banks.