Amwal Tech Announces Strategic Partnership with Alinma Bank, Further Strengthening Banks’ Trust in Amwal’s Installment Infrastructure
Amwal Tech, the Saudi fintech building infrastructure for credit card installments, today announced a strategic partnership with Alinma Bank to enable flexible installment solutions for Alinma credit cardholders across a growing network of participating merchants.
The partnership enables eligible Alinma credit cardholders to access installment options on their purchases through a seamless checkout experience, including at participating merchants’ point-of-sale terminals. The solution is powered by Amwal’s technology infrastructure, designed to make credit card installments simple, fast, and accessible without adding complexity to the customer journey.
For merchants, the partnership provides another way to offer flexible payment options to customers, helping them strengthen their value proposition and unlock additional purchasing power.
Seamless for Cardholders
Eligible Alinma cardholders can choose installments as part of the purchase experience.
More Choice for Merchants
Participating merchants can offer flexible payments across point-of-sale and other acceptance channels.
A Growing Bank Network
Alinma joins Al Rajhi Bank and Saudi National Bank in Amwal’s connected ecosystem.
A Growing Vote of Confidence from Saudi Arabia’s Leading Banks
For Amwal, the partnership represents more than the expansion of its bank network. It is another strong validation of the trust that leading financial institutions are placing in Amwal’s technology and its vision for credit card-powered installments.
Alinma joins Amwal’s growing network of banking partners, following partnerships with Al Rajhi Bank and Saudi National Bank, further strengthening the connectivity between banks, merchants, and consumers through Amwal’s infrastructure.
As more leading banks choose to work with Amwal, the company is increasingly becoming a trusted technology layer that enables banks to extend the value of their existing credit card products into a seamless installment experience at the point of purchase.
Building a Connected Installment Ecosystem
Amwal’s infrastructure is built around a simple idea: customers should be able to unlock the purchasing power of their existing credit cards without having to navigate a separate financing journey.
By connecting banks and merchants through a single installment infrastructure, Amwal enables credit cardholders to access installment options directly as part of their purchasing experience, while giving merchants a scalable way to offer these solutions across their online and offline channels.
The addition of Alinma further expands this ecosystem and strengthens Amwal’s ability to serve customers across a broader range of merchants and categories.
About Amwal Tech
Amwal Tech is a Saudi fintech focused on enabling seamless credit card installment experiences, connecting banks, merchants, and consumers through its technology infrastructure.