Professional Documents
Culture Documents
ISSN 2229-5518
working and living life where technology has launched online payment system
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has influenced hundreds of year oldest named as SADAD. SADAD is the name of
traditions. Generations have undergone the online payment system that would allow
behaviour, educational system and ways of where the system has created as
learning (Bean, 2010). People was intermediary between banks and business
stores where invention of online payment payment that has established internet based
online payment system in Saudi Arabia. established in 2004 where it has provided
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(saudi.gov.sa, 2015).
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on 24/7 basis from local and international
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customer whereby it will just select bill
people are gaining confidence in electronic
and respective amount
payment system. It means that people are
Bank that is connected with
developing online shopping habits from
the network of SADAD will debit
physical shopping experiences.
customer account while confirming the
SADAD processing transaction.
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settled.
connected billers.
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technology vendors.
E-Commerce Solutions
SADAD has met the needs
Online payment system has
of customers while accomplishing their
delivered secure technology platform
expectations under one roof. It acts as
equipped with state of art that makes
intermediary between bankers and
encryption of transactions every time.
customers while materializing the dream
Electronic payment has provided
of electronic world.
numerous payment options to meet ever
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payment opportunities have laid down
SADAD has introduced online
numerous electronic business models
payment system that is payment gateway
described above.
not only for Saudi citizens but for
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International Journal of Scientific & Engineering Research, Volume 7, Issue 1, January-2016 63
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International Journal of Scientific & Engineering Research, Volume 7, Issue 1, January-2016 64
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References
Bean, J., 2010. How The Internet Has Changed
(and created new) Holiday Rituals. [Online]
Available
at: http://www.techerator.com/2010/11/how
-the-internet-has-changed-and-created-new-
holiday-rituals/
[Accessed 12 October 2013].
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[Accessed 2 january 2016].
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