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2.2.2 Regulatory Rules

No: م أ ق/15631 Date(g): 4/6/2012 | Date(h): 15/7/1433

Effective from May 03 2025 - May 02 2025
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A Prepaid issuer or acquirer operating in the Kingdom of Saudi Arabia shall be allowed to issue or acquire prepaid payment services within all acceptance categories (Open Loop, Restricted Loop, Closed Loop) & prepaid payment service segments (Payroll Cards, Youth Cards, etc.) in both the reloadable & non-reloadable variants, as long as the requirements contained within these rules are me