AUSTRIACARD Achieves mada Card Chip Profile Certification

AUSTRIACARD HOLDINGS AG has obtained the Card Chip Profile certification from the Saudi Central Bank for the mada debit card scheme. This achievement marks a significant milestone for the company's expansion into the Kingdom of Saudi Arabia's banking sector. It underscores AUSTRIACARD's commitment to maintaining high international standards in payment card technology.

Mohamed Chemloul, Group CTO, highlighted this as a testament to their technical excellence. The certification allows AUSTRIACARD to expand its customer base in KSA, reinforcing its position as a trusted partner in the global payments sector. Burak Bilge, EVP for Türkiye, Middle East, and Africa, emphasized their commitment to supporting digital transformation initiatives in the region.

The KSA's dynamic financial market, propelled by Vision 2030, is undergoing significant digital growth. AUSTRIACARD’s certification will support this evolution, facilitating new partnerships with local banks and financial institutions.