As part of its efforts to provide advanced financial solutions to facilitate salary operations for labor, alinma Bank announced the signing of a memorandum of understanding with KamelPay, a company specializing in financial technology and digital services for labor and companies. The agreement aims to enhance financial inclusion by offering prepaid card solutions designed specifically for labor in the Kingdom.
alinma Bank's salary services provide integrated and secure financial solutions for companies, ensuring rapid and immediate access to basic financial services for individuals and institutions. Additionally, they offer advanced digital tools for managing salaries and automating expenses, enabling employers to simplify wage payment processes and providing labor with secure and smooth access to their financial entitlements in a manner that complies with regulatory requirements.
This step reflects alinma Bank's commitment to staying "One Step Ahead" by enhancing innovation in financial services, enabling various customer needs across all sectors, and contributing to achieving the Kingdom's Vision 2030 goals in the areas of financial inclusion and digital transformation.