logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Riyadh Air signs new deal to enhance cross-border payment experience

Riyadh Air signs new deal to enhance cross-border payment experience

NOHA.GAD
Jun 13, 2024
Riyadh Air teamed up with CellPoint Digital to enhance cross-border payment experience

Riyadh - Sharikat Mubasher: Saudi Arabia's new world-class airline Riyadh Air signed a partnership agreement with CellPoint Digital, the leading provider of payment solutions to the airline industry, to provide passengers with a seamless cross-border payment experience, a recent statement revealed.

Under this partnership, CellPoint Digital will provide Riyadh Air with leading-edge payment technology to boost its digital-first business strategy ahead of the airline’s commercial operations launch in 2025.

Riyadh Air will also leverage CellPoint Digital’s Payment Orchestration platform to process local and global transactions efficiently.

This partnership aligns with Riyadh Air’s vision to disrupt a Saudi commercial aviation market dominated by legacy players.

Adam Boukadida, CFO of Riyadh Air, said: “CellPoint Digital's Payment Orchestration platform enables us to offer travelers a fully digital and immersive experience onboard and a smoother booking experience.”

CellPoint Digital's Payment Orchestration platform uses intelligent routing, taking into consideration the pricing, processing and acceptance currency, and geographical location of the processor.

Meanwhile, Kristian Gjerding, CEO of CellPoint Digital, commented: “With our Payment Orchestration solution developed specifically for the unique challenges faced by global airlines, Riyadh Air can offer travelers their preferred payment options while gaining more control over its cash flow and costs.”

Riyadh Air aims to connect the Saudi capital to over 100 destinations by 2030.

Tags

Share

Attract clients with your ad

Start Now

Trending

ThrowMeNot raises $550k pre-seed to tackle food waste in UAE
MUBASHER
UAE’s omnispay collects $2mn in pre-series A round, eyes Saudi expansion
MUBASHER
InvestSky secures $4mn, obtains CMA’s approval to expand in Saudi Arabia
MUBASHER.SA
Simplified Financial Solutions closes $20 series A round
MUBASHER.SA
Al-Rumayyan: PIF strengthens private sector as engine of Saudi growth
MUBASHER.SA

Related News

Private Equities News
Calendar Icon
Feb 9, 2026
Al-Rumayyan: PIF strengthens private sector as engine of Saudi growth
Read More
Private Equities News
Calendar Icon
Feb 9, 2026
Saudi Arabia plans major economic diversification strategy within coming 5 years
Read More
Private Equities News
Calendar Icon
Feb 8, 2026
VCM signs exclusive deals to deliver global carbon solutions in Saudi Arabia
Read More
Private Equities News
Calendar Icon
Feb 8, 2026
Metabolic secures growth capital facility to accelerate global expansion
Read More
Private Equities News
Calendar Icon
Feb 8, 2026
Aramco, CrowdStrike collaborate on Kingdom-wide cybersecurity initiative
Read More
Private Equities News
Calendar Icon
Feb 8, 2026
MASNA Ventures launches first $100mn defense-focused VC fund in Saudi Arabia
Read More
Private Equities News
Calendar Icon
Feb 8, 2026
AlBalad AlAmeen, Sary partner to digitize Makkah food supply chains
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher