Article 98

(1) Before initiating the payment, the Payment Initiation Service Provider must provide clear and comprehensive information to the Payer in the agreed language. Such information must include -as a minimum- the following: (a) The name of the Payment Initiation Service Provider; (b) The address of the head office of the Payment Initiation Service Provider; (c) Where applicable, the address of the head office of the Agent or branch offices through which the Payment Initiation Service Provider delivers services in the Kingdom; (d) Contact details relevant to communication with the Payment Initiation Service Provider, including an electronic mail address; and (e) The contact details of SAMA. (2) The Payment Initiation Service Provider must immediately after the initiation of the Payment Services Order provide to the Payer and the Payee, where applicable, the following: (a) Confirmation of the successful initiation of the Payment Services Order with the Payer’s Payment Account Service Provider; (b) A reference enabling the Payer and the Payee to identify the Payment Transaction and the Payee to identify the Payer, and any information transferred with the Payment Services Order; (c) The amount of the payment transaction. (d) Where applicable, the amount of any charges payable to the Payment Initiation Service Provider. (e) Provide a Payment Transaction reference to the Payer’s Payment Account Service Provider.