finpeel Answers · KSA · updated 2026-08-14
Yes, if your company itself provides the regulated acquiring/payment service. SAMA’s payment-services framework governs payment service providers and requires the relevant authorisation for the services performed.
A merchant-facing software platform can be different from the regulated acquirer if a licensed PSP holds the acquiring relationship and settlement responsibility.
Map merchant contracts, transaction acceptance, settlement and chargeback responsibility before classifying the model.
Regulator: Saudi Central Bank (SAMA)
Primary sources: SAMA — Law of Payments and Payment Services · SAMA — Implementing Regulations of the Law of Payments and Payment Services
Directional — not legal advice. Verify with the regulator before committing.
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