Finablr to expand operations in Saudi Arabia as network brand BayanPay gets licensed by the Saudi Arabian Monetary Authority

Riyadh, Saudi Arabia, 26 February 2020, (AETOSWire) – Finablr network brand BayanPay, a Saudi Arabia-based digital payment solutions provider, has been awarded a payment services provider licence by the Saudi Arabian Monetary Authority (SAMA). Following its successful graduation from the SAMA regulatory sandbox, BayanPay will offer digital wallets, e-commerce and SME business payments gateway solutions in the Kingdom. Through BayanPay, Finablr seeks to expand its suite of digital services, offering domestic and international payments to consumers and businesses across Saudi Arabia, by leveraging its technology, industry expertise and global network.…