The SADAD payment system was established by the Saudi Central Bank (SAMA) to be the national electronic bill presentment and payment (EBPP) service provider for the Kingdom of Saudi Arabia (KSA). The core mandate for SADAD is to facilitate and streamline bill payment transactions of end consumers through all channels of the KSA (Kingdom of Saudi Arabia) Banks. SADAD was launched on June 7, 2007.https://www.arabnews.com/node/300100
History and background
SAMA mandated that all banks accept bill payments from anyone at their branches. The payer does not have to be a customer of the bank. Pre-SADAD economics of bill payment placed an unduly significant burden on banks; it needed to be more efficient and faster. Banks recovered a small portion of the cost by keeping the collected money for 7–30 days after the bill was paid.
Approximately 60-70% of bills were paid in cash at bank branches. The high number of invoices generated in the Kingdom increases bank costs in the front office, payment processing, IT integration and reconciliation. In addition, consumers queue for a long time at banks’ front office desks before paying their bills. Bill presentment and collection are primarily manual and paper-based, creating significant inefficiencies and overheads for billers and banks.
Large billers formed bilateral agreements with banks to enhance bill payment collection. This enabled consumers to use their bank channels to view and pay bills (without any bill consolidation). It required every biller to connect to the twelve banks operating in KSA and from banks to connect separately to every biller under contract.
SAMA chose to integrate these connections through SADAD, a single platform that links different billers and banks to enable consumers to use the electronic channels of any bank. SADAD is now facilitating the payment of high-volume periodic bills (such as utility and phone bills) and customer-initiated payments, such as traffic fines.
How SADAD works
Billers send summary bills information to SADAD at a pre-determined schedule SADAD validates data received and uploads it into its database SADAD notifies billers of any discrepancies Customer requests bill information through bank channels The bank forwards the request received to SADAD SADAD retrieves bill information from its database and forwards it to the bank channel Customer selects the bills to be paid and the respective amounts The bank debits the customer account and confirms the transaction SADAD updates its database based on the bank’s confirmation SADAD notifies relevant billers accordingly At the end of the day, billers receive reconciliation reports from SADAD showing a breakdown of all transactions processed by SADAD At the end of the day, SADAD initiates settlement instructions through SARIE SADAD updates bills status to 'settled'
Connected billers + Billers connected to SADADBiller list with codes listed on SADAD website Biller CodeEducational services (9) King Abdulaziz University 9 Al Yamamah University 72 King Saud University 80 Arab Open University (AOU) 17 King Abdulaziz City for Science and Technology (KACST) 105 Taibah University 106 King Faisal University 118 King Fahd University of Petroleum and Minerals 117 Umm al-Qura University 132 Saudi Electronic University 137Financial and insurance services (20) SHB Credit Cards 31 NCCI 3 Samba Financial Group (credit card) 12 NCB (credit card and personal finance) 16 American Express 18 SABB PS 29 Awan For Market Data 39 Mubasher 34 Falcon Credit Card from NCB 56 Bank Al-Jazira Credit Card and Financing Services 78 Arab National Bank 82 Al-Rajhi Bank 54 Riyad Bank 67 Saudi Credit Bureau (SIMAH) 36 Banque Saudi Fransi 71 Emirates NBD 125 Nayifat Installment Company 124 Al Rajhi Takaful 110 Bupa Arabia for Cooperative Insurance 130 Arabian Shield Cooperative Insurance Company 136Government services (65) Madina Municipality 6 Ministry of Water and Electricity 15 Riyadh Municipality 10 The Department of Zakat and Income Tax 20 Holy Makkah Municipality 27 Jeddah Municipality 28 Communications and Information Technology Commission 42 Eastern Province Municipality 25 Jeddah Chamber of Commerce and Industry 19 The Saudi Arabian Agricultural Bank 45 Saudi Arabian Standards Organization 49 Saudi Customs 30 Ministry of Commerce and Industry 13 General Commission for Tourism and Antiquities 57 Saudi Credit and Saving Bank 58 Tabouk Province Municipality 62 Hail Province Municipality 61 Jazan Province Municipality 64 Ministry of Transport 75 Qiyas 8 Ministry of Culture and Information 51 Ministry of Labor 50 Riyadh Chamber of Commerce and Industry 73 AlQassim Province Municipality 70 Real Estate Development Fund 40 The Saudi Industrial Property Authority (Modon) 68 The General Organization for Social Insurance (GOSI) 60 Aseer Province Municipality 84 Ministry of Finance 88 MOI-Alien Control 90 MOI-Driving License 91 MOI-Saudi Passport 92 MOI-Traffic Violation 93 MOI-Motor Vehicle 94 MOI-Labour Importation 95 MOI-Civil Registration 96 Najran Province Municipality 87 AlJouf Provence Municipality 103 Saudi Ports Authority 89 Ministry of Islamic Affairs (MOIA) 77 Ministry of Social Affairs (Global Goodness) 66 Municipality of Northern Borders 102 Saudi Food And Drugs Authority 109 General Authority of Civil Aviation 98 Baha Province Municipality 104 AlAhsa Municipality 112 Royal Commission in Yanbu (RCY) 46 Taif Municipality 113 Saudi Arabian General Investment Authority (SAGIA) 108 Deputy Ministry for Mineral Resources (DMMR) 116 ABHA Chamber of Commerce and Industry 114 MOI Deportation Sentences 126 MOI Deportation Control 127 Ministry of Health 128 Saudi Council of Engineers 123 Government E-Procurement Project 141 Industrial Cities Development and Operating Co. 145 Saudi Heart Association 133 Ejar 153 Economic Cities Authority 154 Royal Commission for Jubail 146 Saudi Industrial Development Fund 143 ASHARQIA Chamber 139 Ministry of Foreign Affairs 101 Ministry of Justice 160 Ministry of Municipal and Rural Affairs 177 Ministry of Justice Execution Agency (Judicial Execution ) 169 Other services (18) Maestro Pizza 1041 Alyusr Instalment Co. 24 AlYamamah Press Establishment 47 Al-Jazirah Newspaper 53 Arab Media Company 76 Aljomaih Automotive Company 52 Al Amthal Financing and Leasing Co. Ltd. 79 Dar Alyoum Pressing, Printing and Publishing 74 Tajeer Company 63 Aljabr Trading Company 86 United Instalment Sales Company 65 Al-Hamrani Company for Investment in Trade 23 United Electronics Company (Extra) 134 Saudi Commission for Health Specialties 129 Arabian Tasheelat Establishment (Tasheel) 131 Saudi Home Loans 147 AQSAT International Trading Company 69 Dar Al-Hayat for Distribution 121 Mawarid 157Rosom901 Technology and media (10) SaudiNet 38 Cyberia 59 Showtime 32 Sahara Net 48 AwalNet 41 Saudi Business Machines 83 Integrated Telecom Company 55 Al-Elm Information Security 85 Ola Almajd Trading Co. (Al Majd TV) 81 Thiqah Business Services 144 Telecommunications and utilities (19) Saudi Telecom Company 1 Saudi Electricity Company 2 Mobily 5 Marafiq 4 The Saudi Home PC Initiative 7 Bravo 14 Saudi Post 21 Cadre Economic Cities 35 Zain Telecommunication Company 44 Go Telecom (Etihad Atheeb Telecom) 33 Saudi Project for Utilization of Hajj Meat 43 Perfect Presentation Telecommunication & IT (2P) 107 International Water Distribution Company Ltd. 122 King Abdulaziz City for Science and Technology 105 National Water Company 138 Saudi e-Tabadul Company 135 National Gas and Industrialization Company 148 Virgin Mobile 151 Saudi Telecom Company (SAWA) 149 Transportation services (4) Nas Air 26 Saudi Arabian Airlines 22 Saudi Railways Organization (SRO) 120 SAPTCO 150
See also Electronic billing E-commerce payment systems Saudi Payments Network (SPAN)
References
External links Official website