To activate MADA through Riyad Bank, Please follow the below steps:
1- It is required to open a bank account in Riyad Bank in the name of the company or institution that matches the CR in our system
2-The merchant will be provided with the agreement form
** sign the agreement in the attachment, and when it is signed, it must be handed over to the bank
1- E-Commerce Solutions Service Agreement
2- Mada agreement
Note for Aggregation Merchant : In e-commerce agreement under CreditCards pricing, please write Not Applicable as shown in the below image:
3- Submit an application to PSP and provide you with the following: CR, filled and signed agreements, ID of owner
It requires following in each area
NOTE : Share Mr. Saleh's address with Central merchants only
Contact details:
Name: Saleh Aldowiyan
Phone number: +966555992267
Location: https://maps.google.com/?q=24.777489,46.684143
In the latest update from PSP:
Please do not share the following links with the merchant
- English URL
https://site.paytabs.com/en/riyadbank-step-1/
- Arabic URL
https://site.paytabs.com/ar/riyadbank-step-1/
Instructions have been received from PSP [email protected]
(Daad Albosaili)
If merchant requests Applepay (MADA), send a request to PSP team to check if the service is enabled form the bank side. If yes, notify config team to enable the service in merchant dashboard.