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Facilitating Electronic Payments of All Types for Charitable Associations and Organizations

No: 45040399 Date(g): 6/1/2024 | Date(h): 25/6/1445 Status: In-Force

Translated Document

Effective from 2024-01-06 - Jan 05 2024
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Following the instructions issued by the Saudi Central Bank as communicated through Circular No. (371000119129) dated 18/11/1437 AH, including a request to commit to not providing associations and charitable institutions with mobile point-of-sale devices and to replace them with point-of-sale devices that connect solely to a landline phone, Circular No. (41061590) dated 01/11/1441 AH Regarding the upgrade of point-of-sale devices operating in the Kingdom to 4G technology.

I inform you that in coordination with the relevant authorities, it has been decided to allow the provision of authorized electronic payment solutions by SAMA, including mobile point-of-sale (GPRS) devices, provided that associations or organizations obtain approval from the National Center for Non-Profit Sector Development to benefit from the service.