How Sadad Works
- Billers send summary bills information to SADAD at a pre-determined schedule
- SADAD validates data received and uploads it into its database
- SADAD notifies Billers of any discrepancies
- Customer requests bill(s) information through Bank channels(1)
- The Bank forwards the request received to SADAD
- SADAD retrieves bill information from its database and forwards it to customer
- Customer selects the bill(s) to be paid and the respective amount(s)
- The Bank debits the customer account and confirms the transaction
- SADAD updates its database based on the Bank’s confirmation(2)
- SADAD notifies relevant Biller(s) accordingly
- At the end of the day, SADAD initiates settlement instructions through SARIE
- At the end of the day, Billers receive reconciliation reports from SADAD showing a breakdown of all transactions processed by SADAD
- SADAD updates bills status to “settled”
Read more about this topic: SADAD Payment System
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