PayTabs, Nearpay power contactless payments in region

NOHA.GAD
Feb 4, 2024

Riyadh - Sharikat Mubasher: The leading payment services provider PayTabs entered into a strategic partnership with Nearpay, the Saudi financial infrastructure technology company, to offer users an advanced soft point of sales (POS) payment experience.

In a statement, PayTabs affirmed that the collaboration with Nearpay will enhance the experience of merchants and customers using PayTabs Touch, a proprietary soft POS application, across the region including the MEPS FAST application in Jordan.

Under this partnership, PayTabs soft POS will be powered by Nearpay's state-of-the-art POS infrastructure by integrating Nearpay’s innovative 'Tap to Phone' technology into PayTabs Touch application.

PayTabs soft POS technology seamlessly turns smartphones and tablets into swift payment terminals and streamlines transactions by ditching bulky hardware and empowering businesses of all scales to effortlessly process card payments.

Eyad Musharbash, PayTabs Regional Head and Operating Partner for the Levant region, said: “We are excited to collaborate with Nearpay to introduce this elevated Soft POS experience to our users. The integration of 'Tap to Phone' technology into PayTabs Touch will not only streamline payment processes for businesses but also offer millions of customers a modern and secure payment option.”

For his part, Mohammad Aleban, CEO and Co-founder of Nearpay, stated that integrating ‘Tap to Phone’ technology into PayTabs Touch is “a game changer.”

He added that the partnership would streamline payments for businesses and offer users a modern and secure option.

“This collaboration sets new standards for contactless payments, reflecting Nearpay’s commitment to transforming the payments landscape,” Aleban said.

It is worth noting that PayTabs recently partnered with Fintech Galaxy to revolutionize the fintech industry in the GCC region and solidify its position as a key player in the scene.


Share

Related News

Omar: Value First seeks to elevate telecommunication experience for its clients
News
Calendar Icon
October 22, 2024
Omar: Value First seeks to elevate telecommunication experience for its clients
readmore
AlKhariji: published opportunities on Forsah platform worth SAR 5 bn
News
Calendar Icon
October 22, 2024
AlKhariji: published opportunities on Forsah platform worth SAR 5 bn
readmore
Elm showcases latest fintech innovations at Seamless Saudi Arabia 2024
News
Calendar Icon
October 22, 2024
Elm showcases latest fintech innovations at Seamless Saudi Arabia 2024
readmore
Bin Musa: SMSA connects Saudi firms in Africa with its logistics hubs
News
Calendar Icon
October 22, 2024
Bin Musa: SMSA connects Saudi firms in Africa with its logistics hubs
readmore
SILZ, Sapphire partner to build light manufacturing facility in Kingdom
News
Calendar Icon
October 22, 2024
SILZ, Sapphire partner to build light manufacturing facility in Kingdom
readmore
Unifonic unnveils ‘Audience’, advanced AI solutions at Seamless KSA 2024
News
Calendar Icon
October 22, 2024
Unifonic unnveils ‘Audience’, advanced AI solutions at Seamless KSA 2024
readmore
NUPCO pacts with Sanofi to localize insulin production in Kingdom
News
Calendar Icon
October 22, 2024
NUPCO pacts with Sanofi to localize insulin production in Kingdom
readmore
JAECOO OMODA launches first, largest integrated showroom in Kingdom
News
Calendar Icon
October 22, 2024
JAECOO OMODA launches first, largest integrated showroom in Kingdom
readmore
Seamless Saudi Arabia 2024 kicks off today
News
Calendar Icon
October 22, 2024
Seamless Saudi Arabia 2024 kicks off today
readmore
Al-Mudaifer:10 Australian mining companies show interest to invest in Kingdom
News
Calendar Icon
October 21, 2024
Al-Mudaifer:10 Australian mining companies show interest to invest in Kingdom
readmore