About Sarie

Saudi Payments worked on developing a national instant and batch payments system. Through working with the market to understand its needs, the project first started in 2018. The system was later implemented in 2019 and the pilot project was launched in November 2020 alongside SAMA and several partners.

The new system we have today, Sarie, went live for the first time in April 2021 as the first service for single instant credit transfers.