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barq

by barq

Information provided by barq, reviewed by Builders in Fintech.

Saudi digital wallet with mada and Visa cards, local and international transfers

Category
Digital banking
API
Not available
Markets
Saudi Arabia

barq is a digital wallet and personal account app for consumers in Saudi Arabia. Users add funds by card, bank transfer or cash and deposit machines, pay for goods and services, pay bills through SADAD, make wallet-to-wallet transfers, send money to bank accounts in the Kingdom and abroad, and withdraw funds. It issues digital and physical mada and Visa cards. The site lists controls to freeze a card, set spending limits and manage subscriptions and merchants, plus airport lounge access, travel insurance and merchant discounts on its Platinum card. Operator Barraq Finance Company is a Saudi closed joint-stock company that states it is supervised and licensed by the Saudi Central Bank.

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