14 March 2020 – Paid business” POS and e-commerce fees for three months

This item is sourced from COVID-19 Policy Watch co-ordinated by Policy. We are in the process of gathering further information and aligning taxonomies for these items.

Type of Intervention: Business support
Sectors Involved:
Level of Jurisdiction: National
Lead People/Agency:

Overview: The Saudi Arabian Monetary Authority will support stores and entities in the private sector by paying POS and e-commerce fees to payment service providers for a period of 3 months with an amount exceeding in total SAR 800 million.
Full details here: http://www.sama.gov.sa/en-US/News/Pages/news-514.aspx