A: Halala Plus is an electronic piggy bank that uses Open Banking technology to maximize the value of your purchases through smart savings and investments.

A: The app automatically deducts a small amount or a specified percentage from each purchase. It also converts your loyalty points into real cash to boost your savings.

A: The app offers key features such as automatic saving, converting loyalty points to cash, financial analysis to track your spending, and a Robo-Advisory service for investment recommendations.

A: It is an initiative designed to empower university students and employees in both the public and private sectors to achieve maximum savings from their daily purchases.

A: The initiative provides a free discount membership to over 2500 stores and accredited practical courses in financial management.

A: The initiative helps in increasing employee satisfaction and loyalty, and reducing financial stress, which in turn improves productivity and lowers turnover rates.

A: The app aims to address the issue of a low savings rate in Saudi society, in addition to the lost value of loyalty points from daily purchases, of which only a small fraction is redeemed.

A: These discounts help reduce monthly expenses , allowing subscribers to save money without changing their daily lifestyle. They also contribute to improving purchasing power and make it easier to achieve financial goals.

A: The discounts cover a wide range of sectors such as restaurants and cafes, clinics and pharmacies, sports clubs and centers, car accessories, furniture and appliances, and carpets and furnishings. They also include event halls and security and safety services. Q: How many discounts does the initiative offer? A: The initiative provides a free discount membership for one full year , which includes over 2500 discounts on a wide range of goods and services.

A: The discounts are documented through Muzaya of Monsha'at, which enhances the initiative's credibility and provides a tangible benefit to participating entities.