In a groundbreaking move in the FinTech sector, Moyasar Financial Company, a leading Saudi pioneer in digital payment solutions, has unveiled the Moyasar Payment Gateway (MPG) and achieved the "eMSP" certification. This milestone represents a significant strategic transformation in the realm of payments and financial technologies in the Kingdom, reaffirming Moyasar's leadership in offering comprehensive digital payment services known for their excellence, efficiency, and reliability.

 Founded in 2015, Moyasar Financial Company is one of the first companies specializing in digital payments in Saudi Arabia. The company holds the PCI DSS Level 1 certification, reflecting its commitment to the highest standards of security and compliance in the digital payment field.

 Moyasar aims to deliver superior integration and efficiency for both local and global payment networks. The company is dedicated to maintaining national sovereignty over financial data by adhering to local regulatory standards and frameworks in Saudi Arabia, thereby localizing financial technology.

 The Moyasar Payment Gateway (MPG) is designed to cater to acquiring banks and financial institutions, offering innovative features such as “recurring payments” for digital wallets like Apple Pay through the national network Mada. The gateway also supports Google Pay and Samsung Pay, which are expected to be launched in the Saudi market soon. Additionally, the MPG offers a robust fraud protection system, enhancing customer confidence and security in financial transactions. As the first locally licensed payment gateway with local hosting, it provides unparalleled responsiveness in completing online payment transactions, thereby enhancing the customer experience and enabling a larger volume of smooth and secure financial transactions.

 The launch of the Moyasar Payment Gateway (MPG) is a testament to Moyasar's dedicated efforts to localize financial technologies. By strengthening its technical infrastructure and providing an integrated suite of financial products and services, Moyasar is committed to the development of the local digital financial economy. This initiative aligns with the Financial Sector Development Program, one of the Vision 2030 programs.