Riyad Bank
بنك الرياض
Saudi bank offering business clients an online payment gateway, an e-invoice payment-request service (goCollect) and POS terminals supplied through partners SURE and Tap.
At a glance
- STC Pay
- Apple Pay
- POS terminals for shops
- Not for: Needs a commercial register
Summarised from the facts below. Not paid for.
Fees
| Item | Value | Source |
|---|---|---|
| Local card fee (%) | On request | 24 Oct 2026 |
| mada fee (%) | On request | 24 Oct 2026 |
Getting paid
Not published: Settlement time – cards
Payment methods
| Item | Value | Source |
|---|---|---|
| Payment methods | Visa / Mastercard, Amex, Apple Pay, STC Pay |
Requirements
| Item | Value | Source |
|---|---|---|
| Commercial register required | Yes | |
| Bank account requirements | Riyad Bank current account required for any product |
Product
| Item | Value | Source |
|---|---|---|
| Invoices | Yes | |
| Recurring billing | Yes | |
| POS terminals | Yes | |
| Multi-currency | Yes |
Licences and compliance
| Item | Value | Source |
|---|---|---|
| Regulator license | SAMA (bank) |