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Al Rajhi Bank vs Nearpay

Al Rajhi Bank

Good for stores that need mada and social sellers

Nearpay

Good for stores that need mada

Comparison of 2 providers
Al Rajhi BankGood for stores that need mada and social sellersNearpayGood for stores that need mada
Fees
Setup feeOn requestNot published
Local card fee (%)On requestNot published
mada fee (%)On requestNot published
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
Product
Payment linksYesNot published
Recurring billingYesNot published
SoftPOS (tap on phone)Not publishedYes
Developers
REST APINot publishedYes
Sandbox / test modeNot publishedYes
iOS SDKNot publishedYes
Android SDKNot publishedYes
Web SDK / hosted checkoutNot publishedYes
Licences and compliance
Regulator licenseSAMA (bank)Not published
PCI DSS levelNot publishedPCI DSS certificate and PCI MPoC listed (level not stated)
3-D SecureYesNot published
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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.