Saudi Ministry of Commerce warns businesses against refusing electronic payments
The Ministry of Commerce has reiterated that all Saudi businesses must accept both cash and electronic payments, urging consumers to report violations.
Key Takeaways
AIThe Ministry of Commerce has confirmed that all commercial establishments are required to accept both paper and coin currency, as well as electronic payment methods, warning against any violations of this rule.
In a statement posted on its official account on the X platform, the ministry explained that if a violation occurs, consumers can file a report through the ministry’s 'Commercial Report' app at the following link: mc.gov.sa/C-app.
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The ministry’s clarification came in response to an inquiry from a follower regarding some private schools refusing to process tuition fee payments or accept payments via credit cards or Mada cards, insisting on cash-only transactions.
The Ministry of Commerce urged consumers to report any establishment that refuses approved payment methods, enabling authorities to take the necessary legal action against violators.