Middle East

Saudi National Bank Partners with Mastercard, SEF to Transform Esports in Kingdom

The Saudi National Bank (SNB) has announced a strategic partnership agreement with Mastercard and the Saudi Esports Federation (SEF) to accelerate Saudi Arabia’s digital transformation and enhance its gaming and esports infrastructure.

The partnership builds on Mastercard’s ongoing relationship with SEF to advance the Kingdom’s gaming industry.

The three entities will work together to explore and develop innovative financial products and services that add value and enhance the gamer experience.

The deal will leverage the resources, expertise and networks of all three partners to serve Saudi Arabia’s youth and gaming communities.

Through this partnership, SNB, SEF and Mastercard will create and unlock new experiences powered by Web3 technology. It gives gamers the opportunity to access exclusive perks and immersive experiences in the physical and digital worlds.

This new digital community and experience will be an inclusive space for gamers, creators and collectors to design and own the future of esports in Saudi Arabia.

Community members can access virtual creations and use them in digital games and immersive experiences.

“This partnership affirms the importance of the private sector’s role in supporting the Kingdom of Saudi Arabia’s overall development movement under Vision 2030. This agreement will contribute to making the Kingdom a major hub. It’s an important step in the adoption of new digital technologies that will make it easier for consumers to use their products,” said Saud Abdulaziz Bajbair, Head of SNB’s Retail Business Group.

“We understand how influential and influential gaming can be. By partnering with Mastercard and SNB, we are realizing the gaming potential of the Kingdom and enhancing the country’s gaming landscape.” , aims to spur even greater innovation, which will benefit so many people for generations, make the Kingdom stand out as an attractive investment destination, and deliver innovative gaming experiences. We will provide it,” said Ahmed Al Bishri, Chief Operating Officer of the Saudi Esports Federation.

“This historic agreement will help showcase new technologies that are playing a key role in transforming the Kingdom into a major hub for gaming and esports, and more broadly for business, tourism, leisure and innovation. .

Together, we will build on the efforts of Saudi leadership to strengthen the local gaming industry, deliver truly immersive and memorable experiences for gamers across the kingdom, and combine these experiences with physical reality and digital. We aim to bridge reality. ” his VP of EEMEA Services for Mastercard.

read: Saudi crown prince unveils national gaming and esports strategy



https://gulfbusiness.com/snb-mastercard-sef-partner-to-transform-esports/ Saudi National Bank Partners with Mastercard, SEF to Transform Esports in Kingdom

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