Rasid Payments

Rasid Payments Company for Financial Technology is a fintech company based in Riyadh, Saudi Arabia. Established around , it is regulated and licensed by the Saudi Central Bank (SAMA) as a major payments company. Rasid Payments focuses on driving digital transformation in the financial sector, aligning with Saudi Vision 2030. The company offers innovative payment management tools, including electronic billing, online payments, and mobile payments, with an emphasis on financial inclusion and transaction efficiency. The core offering is the Rasid app, which turns compatible Android devices into point-of-sale (POS) terminals for quick payment acceptance.