Mobily Pay Signs 4 MoUs at Seamless Saudi Arabia 2023 Conference

Mobily Pay, a wholly owned subsidiary of Etihad Etisalat Co. (Mobily), yesterday concluded its participation as a diamond sponsor of the “Seamless Saudi Arabia 2023” conference and exhibition, where it signed four memorandums of understanding (MoU) with local and international institutions.

 Mobily Pay signed MoUs with Huawei, Quara Finance and Mozn to facilitate access to its services, provide innovative and secure financing solutions, and enhance artificial intelligence and cybersecurity applications. It also signed an MoU with the Charity Orphans Care Foundation (Ekhaa) to offer its users the option to make donations easily.

 Mobily Pay CEO Ayman AlEissa expressed pride in the company’s achievements at the conference, stressing that the company will continue to invest in the fintech sector, which is advancing by leaps and bounds in the Kingdom of Saudi Arabia, in line with Vision 2030.

 At its pavilion at the exhibition, Mobily Pay highlighted its latest innovative financial solutions and future projects aimed at enriching the experience of its customers and partners alike, and presented means to improve detection and prevent financial fraud.

 Mobily Pay was granted Saudi Central Bank (SAMA) license last year to provide e-wallet payment services in Saudi Arabia.