Saudi and Qatari payment cards now accepted in both countries

Saudi Mada payment cards are now accepted in Qatar, while Qatar's Himyan national cards can be utilized in Saudi Arabia. This mutual acceptance agreement between the Saudi Central Bank (SAMA) and the Qatar Central Bank marks a phased expansion of national payment card recognition between the two Gulf nations. The arrangement aims to bolster economic and financial integration among member states of the Gulf Cooperation Council (GCC), aligning with their broader strategic goals for expanding payment infrastructure across the region.

By enabling Saudi Arabia’s Mada payment network cards to be accepted in Qatar and vice versa, the initiative enhances convenience for citizens and residents, facilitates easier cash withdrawals at ATMs, and streamlines direct debit transactions at point-of-sale terminals. This initiative is part of a concerted effort by GCC countries to develop a unified payment system, ultimately reducing costs for consumers and improving the quality of financial services across the Gulf.