Riyadh - Sharikat Mubasher: The Saudi Central Bank (SAMA) granted DaftarPay a license to provide buy now, pay later (BNPL) services, bringing the total number of licensed finance companies in the Kingdom to 76.

In a statement released yesterday, SAMA affirmed that the decision underscores its commitment to supporting the finance sector, increasing the efficiency of financial transactions, and promoting innovative financial solutions for financial inclusion in Saudi Arabia.

DaftarPay is a cutting-edge BNPL platform revolutionizing how businesses and customers manage their payments. Its wallet-based credit solution offers a seamless, flexible, and secure way to pay online or in-store using QR codes.