NEWS RELEASE

stc pay enters into a strategic partnership with Visa to launch customer-centric digital payment solutions

  • In accordance with SAMA’s decision, Visa cardholders in Saudi will only be required to enter PIN for contactless transactions above SAR300; new limit is a 200% increase on previous SAR100 limit
  • Visa is working alongside local bank partners and merchants to implement new PIN-free limit on Visa contactless transactions in KSA