VIENNA, AUSTRIA - EQS Newswire - 4 February 2026 -
AUSTRIACARD HOLDINGS is proud to announce it has successfully obtained the
Card Chip Profile certification (Certificate No. CV071) with the
Saudi Central Bank (SAMA) for the
mada debit card scheme, marking a significant milestone in the company's expansion strategy.
This certification represents a
major and important achievement for AUSTRIACARD, demonstrating the
company's commitment to meeting the highest international standards for
payment card technology. The successful completion of SAMA's rigorous certification process validates AUSTRIACARD's
technical excellence and
quality standards in chip card manufacturing.
"We are immensely proud of this achievement," said Mohamed Chemloul, Group CTO of AUSTRIACARD HOLDINGS.
"This certification stands as a testament to our team's dedication to
excellence and our commitment to delivering world-class payment
solutions. This achievement allows AUSTRIACARD to add KSA banks and
financial institutions to our growing family of satisfied customers
worldwide, further strengthening our position as a trusted partner in
the global payments industry."
Burak Bilge, EVP Türkiye, Middle East and Africa at AUSTRIACARD HOLDINGS,
emphasized: "This certification enables us to bring our full suite of
payment card solutions to the Saudi market. We are committed to being a
long-term partner in the KSA and the broader Middle East region's
success journey, supporting the digital transformation initiatives. We
look forward to partnering with banks and financial institutions to
support their growth objectives and enhance their customer's
experience."
The Kingdom of Saudi Arabia (KSA) represents one of the most dynamic and
rapidly evolving financial markets in the Middle East and North Africa
region. With Vision 2030 driving digital transformation across all
sectors, Saudi Arabia's payment ecosystem is experiencing unprecedented
growth and modernization. The mada scheme, as the national payment
network, plays a crucial role in the KSA's financial infrastructure,
processing millions of transactions daily.
AUSTRIACARD is a global provider of identity and payment solutions with a
strategic focus on digital transformation technologies powered by
proprietary technology and AI capabilities. Headquartered in Vienna,
Austria, the company operates 9 manufacturing hubs across strategic
markets in Europe and the United States, maintaining a global sales
footprint that ensures client proximity and service excellence.
ABOUT AUSTRIACARD HOLDINGS AG
AUSTRIACARD HOLDINGS AG leverages over 130 years of experience in
information management, printing, and communications to deliver secure
and transparent experiences for its customers. They offer a
comprehensive suite of products and services, including payment
solutions, identification solutions, smart cards, card personalization,
digitization solutions, and secure data management. ACAG employs a
global workforce of 2,400 people and is publicly traded on both the
Athens and Vienna Stock Exchanges under the symbol ACAG.
www.austriacard.com
Contact Person: Theoni Dimopoulou, Group Communications & Marketing Manager
Tel.: T: +43 (1) 61065 - 355
E-Mail: t.dimopoulou@austriacard.com
Website: www.austriacard.com
Symbol: ACAG
ISIN: AT0000A325L0
Stock Exchanges: Vienna Prime Market, Athens Main Market