Riyadh – Exclusive Sharikat Mubasher: Tap Payments is now operating in nine countries—six in the Gulf and three across the wider Arab world—and aims to attract international companies to the region by offering advanced digital payment infrastructure, according to CEO Sultan AlOnazi.
Speaking to Sharikat Mubasher on the sidelines of the Money20/20 Middle East conference in Riyadh, AlOnazi said the company has been licensed by the Saudi Central Bank (SAMA) and has provided electronic payment services in the Kingdom since 2018.
Tap Payments launched in Kuwait in 2013 before expanding into Saudi Arabia, where it began by delivering digital payment solutions for merchants in collaboration with local banks. Its platform supports Mada, Visa, Mastercard, and digital wallets such as Apple Pay and STC Pay, aligning with Saudi Vision 2030 goals to accelerate digital transformation and boost e-payments.
AlOnazi emphasized that the Saudi market represents a major strategic opportunity to scale Tap Payments’ services and introduce cutting-edge digital payment solutions to a rapidly growing customer base.
The Money20/20 Middle East conference runs from 15 to 17 September 2025 under the patronage of Finance Minister Mohammed Al-Jadaan, with participation from the Financial Sector Development Program, the Saudi Central Bank, the Capital Market Authority, and the Insurance Authority.
The event gathers more than 350 speakers, 450 brands, and 600 investors from over 40 countries, highlighting trends such as AI in financial services, open banking, instant payments, and data governance.
