Geidea to expand SoftPos services to Egypt

user icon
GHADA.ISMAIL
calender icon
Nov 27, 2024
article image

Riyadh – Sharikat Mubasher: Geidea, a leading provider of digital payment solutions in the Middle East, is planning to introduce its SoftPos service in Egypt following its successful implementation in Saudi Arabia and the UAE.

SoftPos technology allows merchants to accept contactless payments directly via smartphones, eliminating the need for traditional POS devices. As the first company in the MENA region to offer this innovation, Geidea has reshaped payment systems by providing businesses of all sizes with a secure and efficient solution.

Since its launch in Saudi Arabia, SoftPos has gained widespread adoption, built a strong network of merchants, and enhanced payment accessibility. Its success in the UAE further underscores the service’s potential, paving the way for Geidea’s expansion into Egypt.

The move aligns with Geidea’s mission to drive digital transformation and support cashless economies by offering cutting-edge, secure payment technologies. As a market leader in Saudi Arabia’s digital payments space, Geidea continues to set the standard for innovation in the region.


Share

Related News

PoS sales in Saudi Arabia exceed SAR 59.8 bn in February
News
Calendar Icon
April 1, 2026
PoS sales in Saudi Arabia exceed SAR 59.8 bn in February
Read More
SAMA greenlights Ateon to provide payment services across Kingdom
News
Calendar Icon
March 30, 2026
SAMA greenlights Ateon to provide payment services across Kingdom
Read More
SAMA approves 2 firms for open banking payment services
News
Calendar Icon
March 26, 2026
SAMA approves 2 firms for open banking payment services
Read More
Vault22 plans UAE launch of shariah-compliant finance platform
News
Calendar Icon
March 24, 2026
Vault22 plans UAE launch of shariah-compliant finance platform
Read More
EDGE Finance receives SAMA license to operate in Saudi financing market
News
Calendar Icon
March 15, 2026
EDGE Finance receives SAMA license to operate in Saudi financing market
Read More
Ziina, Virtuzone join forces to streamline payments for Startups in UAE
News
Calendar Icon
March 15, 2026
Ziina, Virtuzone join forces to streamline payments for Startups in UAE
Read More
Saudi PoS sales surpass SAR 63 bn in January
News
Calendar Icon
March 1, 2026
Saudi PoS sales surpass SAR 63 bn in January
Read More
Saudi Arabia tops Global Islamic Fintech Index in new report
News
Calendar Icon
February 26, 2026
Saudi Arabia tops Global Islamic Fintech Index in new report
Read More
Mastercard, Google expand Google Pay in Saudi Arabia
News
Calendar Icon
February 19, 2026
Mastercard, Google expand Google Pay in Saudi Arabia
Read More
Qatar’s PayLater pursues new credit facility through Shorooq partnership
News
Calendar Icon
February 4, 2026
Qatar’s PayLater pursues new credit facility through Shorooq partnership
Read More