Top 7 Digital e-Wallets in Saudi Arabia

The Saudi Central Bank has issued a license to provide mobile wallet services to 17 companies. Here is the list of the top 7 digital e-wallets in Saudi Arabia, or you can also call them STC Pay alternatives;

STC Pay

With 8 million customers all around Saudi Arabia, STC Pay is the market leader in digital and e-wallet services. STC, a state-owned telecom company, owns it. With STC Pay, you can;

• Add money with a debit/credit card (free).
• Make over-the-counter payments.
• Transfer wallet to wallet.
• Make Local Banks Transfers.
• Make international transfers.
• How to make STC Pay International Bank Transfer?

UrPay

After its launch in March 2022, UrPay has secured around 1 million loyal customers and became the second most used e-wallet in Saudi Arabia.

It is owned by Al Rajhi bank, the second-biggest bank in Saudi Arabia. With UrPay you can;

• Add money with a debit/credit card (free).
• Make over-the-counter payments.
• Transfer wallet to wallet.
• Make Local Banks Transfers.
• Make international transfers.
• How to make UrPay International Transfer?

Mobily Pay

Mobily Pay e-wallet is owned by Mobily, the second biggest cellular network in Saudi Arabia, and therefore gained a significant market share within no time. With Mobily Pay you can;

• Add money with a debit/credit card (free).
• Make over-the-counter payments.
• Transfer wallet to wallet.
• Make Local Banks Transfers.
• Make international transfers.
• Make SADAD Payments.
• How to make Mobily Pay International Transfer?

Tiqmo App

Tiqmo is also one of the digital e-wallets in Saudi Arabia that provides several services such as;

• International Transfer.
• Local Bank Transfer.
• Wallet to Wallet transfer.
• How to make Tiqmo International Transfer?

Alinma Pay

If you talk about popularity, Alinma Pay is probably number 3 among the top digital wallets in Saudi Arabia. Alinma Pay is owned by Alinma Bank and offers the following;

• Adding money with a debit card is free.
• Adding money with a credit card requires a fee.
• Local Bank Transfers.
• International Bank Transfers.
• How to open Alinma Pay E-wallet account?

Friendi Pay

Friendi, a cellular network in Saudi Arabia, owns Mobily Pay digital wallet. They offer the best exchange rate as compared to other e-wallets still struggling to create their market share. This is what they offer;

• Adding money with a debit card is free.
• Adding money with a credit card requires a fee.
• Local Bank Transfers.
• International Bank Transfers.
• How to make Friendi Pay international transfer?

Meem

Gulf International Bank owns the Meem e-wallet solution. With Meem;

• Adding money with a debit card is free.
• Adding money with a credit card is not permitted.
• Local Bank Transfers.
• International Bank Transfers.
• How to open a Meem Bank account in KSA?