Paymentology Scales Card Programs in Saudi Arabia

Paymentology is rapidly expanding its presence in Saudi Arabia to support fintechs and banks in launching and managing modern card programs. According to CEO Jeff Parker, the company is focused on localizing operations to better serve clients with tailored support, operating in the right time zones, and speaking the local language. Paymentology has already secured key clients, such as V360 and Tabi, and is leveraging its cloud-first infrastructure to deliver fast, scalable, and secure card services.

Saudi Arabia’s fintech market has grown dramatically, expanding from 20 fintechs to over 200 in just five years. This rapid growth has increased competition and raised consumer expectations, pushing Paymentology to enhance its offerings. By providing modular, configurable platforms, Paymentology enables clients to create unique propositions, giving cardholders dynamic control over spend limits, timeframes, and other personalized features. Mobile penetration in the region further amplifies the adoption of digital card experiences.

The platform is designed to integrate with domestic switches like MARTA and global networks such as Visa and MasterCard, as well as third-party service providers, ensuring operational resilience and continuity. Paymentology’s cloud-based architecture scales efficiently during peak periods and retracts during off-peak times, optimizing cost management. Tokenization and digital services enhance cardholder security and flexibility, providing a modernized user experience.

By building a strong local ecosystem, Paymentology strengthens relationships with partners, clients, and the broader financial services community. The company positions itself not only as a card processor but also as a partner in innovation, enabling clients to respond to consumer demands quickly and efficiently. The Saudi market’s ambition and appetite for growth serve as a catalyst, encouraging Paymentology to continuously iterate on products and expand its global footprint while delivering a resilient, client-focused card program platform.