Mada logo on bank cards

Hi, does anyone knows why did they replaced span logo with mada logo (blue stripe & green stripe). Almost all new ATM/Credit/Debit cards have this logo on it.

Ehtesham wrote:

Hi, does anyone knows why did they replaced span logo with mada logo (blue stripe & green stripe). Almost all new ATM/Credit/Debit cards have this logo on it.


It's a major overhaul in the payment processing and SAMA announced it back in Dec 2014.
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