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Al Rajhi Bank vs Foodics

Al Rajhi Bank

Good for stores that need mada and social sellers

Foodics

Good for stores that need mada and social sellers

Comparison of 2 providers
Al Rajhi BankFoodics
Fees
Setup feeOn requestNot published
Local card fee (%)On requestNot published
mada fee (%)On requestNot published
Getting paid
Settlement time – cardsNot published3 days
Settlement time – madaNot published1 day
Payout frequencyNot publishedDaily
Payment methods
Payment methodsmada, Visa / Mastercard, Apple Pay, STC Pay, urpay, Buy now, pay latermada, Visa / Mastercard, Amex
Requirements
Bank account requirementsAl Rajhi business account; apply via relationship manager, business app, branch or 8001228888Not published
Restricted business typesNot publishedRestaurant / food-service focus; Foodics Pay works with the Foodics POS
Product
Payment linksYesYes
Recurring billingYesNot published
POS terminalsNot publishedYes
Licences and compliance
Regulator licenseSAMA (bank)SAMA - Payment Institution (PI)
3-D SecureYesNot published
Support
Arabic supportNot publishedYes
Support channelsNot publishedPhone, Support tickets
Support hoursNot published24/7
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Grey values were last checked more than 90 days ago. Not published means the provider does not publish it.

We don't pick an overall winner: the right choice depends on your business.