Rasid Payments
رصيد
Saudi payments company whose app turns NFC-enabled Android devices into card acceptance terminals (SoftPOS) for merchants.
At a glance
- Accepts mada
- Apple Pay
Summarised from the facts below. Not paid for.
Fees
| Item | Value | Source |
|---|---|---|
| Local card fee (%) | 2.8% | 24 Oct 2026 |
| Local card fixed fee per transaction | SAR 1 | 24 Oct 2026 |
| mada fee (%) | 0.8% | 24 Oct 2026 |
Not published: International card fee (%)
Payment methods
| Item | Value | Source |
|---|---|---|
| Payment methods | mada, Visa / Mastercard, Amex, Apple Pay |
Product
| Item | Value | Source |
|---|---|---|
| SoftPOS (tap on phone) | Yes |
Licences and compliance
| Item | Value | Source |
|---|---|---|
| Regulator license | SAMA - Payment Institution (PI) |
Support
| Item | Value | Source |
|---|---|---|
| Arabic support | Yes | |
| Support channels | Phone, Email | |
| Support hours | Sunday-Thursday 8:00-17:00 |