alinma Bank has announced the signing of an MoU with Alipay+, aimed at enhancing digital payment solutions in Saudi Arabia through the secure and seamless acceptance of QR code payments.
The MoU combines ainma Bank’s advanced financial services with Alipay+’s global payment ecosystem, delivering faster, more flexible, and more secure digital transactions for both customers and merchants. It also supports the goals of Saudi Vision 2030 to promote a cashless society and strengthen the Kingdom’s position as a leading hub in the digital economy.
This initiative will expand the acceptance of QR code payments across the Kingdom, providing innovative solutions that meet the needs of both local and international customers, while contributing to the growth of the digital payments sector and fostering stronger connectivity with the global financial ecosystem.