TPS Arabia Launches in Riyadh to Boost Saudi Digital Economy

TPS Arabia, the regional arm of TPS Worldwide, has officially opened its office in Riyadh’s King Abdullah Financial District (KAFD), marking a pivotal step in Saudi Arabia’s ambition to become a global leader in the digital economy. The launch aligns with Saudi Vision 2030, the Kingdom’s strategic initiative to diversify its economy, reduce dependence on oil, and promote technology-driven growth.

Driving Financial and Digital Innovation

During the launch ceremony, H.E. Ahmad Farooq, Ambassador of Pakistan to Saudi Arabia, described TPS Arabia’s entry as a significant milestone in Pakistan-Saudi bilateral relations, highlighting the importance of collaboration in fintech and digital innovation.

TPS Arabia brings a comprehensive suite of financial solutions designed to accelerate Saudi Arabia’s digital transformation:

• Payment card processing and real-time payments

• Digital wallets and open banking services

• Payment orchestration solutions for businesses, banks, and government institutions

By providing these services locally, TPS Arabia empowers organizations with secure, scalable, and efficient financial technology, ensuring businesses can thrive in an increasingly digital economy.

AI-Powered Digital Transformation

Beyond traditional payment services, TPS Arabia introduces AI-driven solutions, including:

• Robotic Process Automation (RPA)

• Governance, Risk & Compliance (GRC) tools

• Skill augmentation programs for employees

These solutions help businesses automate repetitive tasks, improve operational efficiency, and make data-driven decisions. Sectors like banking, healthcare, and government stand to benefit significantly from AI integration, supporting Saudi Arabia’s push for smart, technology-enabled operations.

Strategic Alignment with Vision 2030

TPS Arabia’s launch comes as Saudi Arabia intensifies efforts toward financial sector modernization and digital innovation, both key pillars of Vision 2030. TPS Arabia contributes by:

• Providing cutting-edge payment infrastructure

• Enhancing digital financial services and financial inclusion

• Supporting innovation in government and private sectors

• Equipping businesses with AI-driven solutions to remain globally competitive

This strategic alignment ensures TPS Arabia is not only a fintech provider but a trusted partner in Saudi Arabia’s digital economy journey.

About TPS Arabia

TPS Arabia is a subsidiary of TPS Worldwide, a global fintech leader with over 28 years of experience and operations in 30+ countries. TPS Worldwide specializes in:

• Secure and scalable digital payment systems

• Card issuance and merchant acquiring

• Real-time payment processing and digital wallets

With TPS Arabia, the Kingdom’s businesses gain access to proven, world-class solutions that support financial modernization and digital innovation.

Positive Impact on Saudi Arabia’s Digital Economy

TPS Arabia’s presence is expected to:

• Transform financial operations for businesses and government entities

• Enable AI-powered efficiency and automation

• Promote job creation in fintech, AI, and cybersecurity

• Support financial inclusion and technology adoption across all sectors

By delivering advanced digital payment solutions, TPS Arabia strengthens Saudi Arabia’s position as a leading hub for fintech and digital innovation.

Future Outlook

TPS Arabia plans to expand its services throughout the Middle East, focusing on:

• Driving financial sector modernization

• Supporting technology adoption in key industries

• Facilitating sustainable digital growth

• Ensuring businesses are prepared for a competitive, tech-driven future

The Riyadh office represents the first step toward making TPS Arabia a trusted partner in the Kingdom’s journey to becoming a global digital economy leader.

A Milestone for Saudi Arabia

The launch of TPS Arabia in Riyadh is a key milestone in Saudi Arabia’s transformation into a digital-first economy. By integrating AI-powered solutions with secure financial technology, TPS Arabia is helping the Kingdom achieve its Vision 2030 goals, fostering innovation, inclusion, and sustainable growth.

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