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  2. PayerMax sets sight on partnering with Saudi ministries, entities

PayerMax sets sight on partnering with Saudi ministries, entities

NOHA.GAD
Sep 4, 2024
PayerMax plans to collaborate with Saudi ministries and entities to enhance financial inclusion in the Kingdom

Riyadh - Exclusive Sharikat Mubasher: PayerMax, a leading global provider of payment solutions, explores collaborations with several Saudi ministries and entities to support the Kingdom’s goal of financial inclusion for all citizens, Business Development Director Nouf Salmah stated in an interview with Sharikat Mubasher on the sidelines of 24 Fintech summit.

He noted that the company aspires to partner with several authorities to provide inclusive financial products and services that reach underserved populations, leveraging its experience in emerging markets.

Salmah noted that PayerMax aims to break down barriers to financial inclusion by enabling cross-border transactions and supporting small and medium-sized enterprises (SMEs).

“We see a positive and evolving environment for entrepreneurship in the KSA. The government's focus on technology and innovation creates fertile ground for new businesses and entrepreneurs from all over the world,” Salmah elaborated.

The official further affirmed the company’s commitment to promoting digital payments and innovation, in conjunction with the Kingdom’s goal of diversifying the national economy and driving digital transformation.

24 Fintech takes place in Riyadh from 3 to 5 September, with the participation of more than 300 exhibitors and over 350 investors. It gathers regulatory bodies, policymakers, investors, technology experts, and industry leaders from around the world.

It serves as a platform for global thought leaders across finance, policy, technology, investment, and academia to discuss several topics, including, fintech regulation and governance, artificial intelligence and machine learning in financial operations, financial inclusion, cybersecurity and big data, embedded finance, and more.

Tags

Saudi Arabia
24 Fintech
SMEs
Financial inclusion
Vision 2030
Digital transformation
Fintech
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