Moyasar signs multiple MoUs at Money20/20 Middle East

Riyadh - Sharikat Mubasher: Moyasar Financial Company (Moyasar), a leading Saudi provider of electronic payments solutions, signed multiple memoranda of understanding (MoUs) during the second edition of Money20/20 Middle East.

This included an MoU with stc Bank to empower payments in the Kingdom by integrating stc Bank with Moyasar Payment Gateway (MPG). This integration will offer access to Moyasar’s full suite of gateway solutions, including Samsung Pay, as a seamless and secure payment option for customers.

The Saudi fintech company inked another MoU with Payrails, one of the world's leading payment infrastructure platforms, to integrate its financial solutions into the Moyasar ecosystem.

The third MoU was signed between Moyasar and DOO to bring AI solutions to Moyasar’s merchants, helping them serve their customers in a smarter and faster way. This collaboration offers Moyasar’s merchants a smoother customer experience all day long.

Additionally, Moyasar signed an MoU with Merit Incentives to provide customers with loyalty and rewards solutions, from points programs to rewards and offers. Through this collaboration, Moyasar customers will access new tools to build stronger relationships with their customers.

Money20/20 Middle East 2026 takes place in the Saudi capital from 14 to 16 September, connecting global financial leaders with the companies, institutions, and policymakers shaping the next phase of financial services in Saudi Arabia and across the region.

It brings together over 600 investors, more than 350 brands, over 350 speakers, and more than 150 startups, reinforcing Riyadh’s growing role as a meeting point for the global and regional financial ecosystem. 

Contribution Time: 15-Sep-2026 11:08 (GMT)
Last Update Time: 15-Sep-2026 11:08 (GMT)