Riyadh - Sharikat Mubasher: The award-winning online payment gateway, Telr, announced its partnership with Saudi Awwal Bank (SAB), one of the leading banks in Saudi Arabia, to elevate payment services and enhance merchant efficiency in the Kingdom.

By integrating its innovative payment technology with SAB Bank’s financial expertise, this partnership enhances transaction speed, security, and reliability, empowering online businesses with efficient payment acceptance, the company announced in a recent press release.

Merchants will access a full suite of payment solutions, including payment links, QR codes, digital invoicing, recurring payments, Buy Now, Pay Later (BNPL), and proprietary technology.

By expanding its banking network in Saudi Arabia, Telr positions itself as an enabler of digital commerce in the Kingdom, ensuring businesses have access to cutting-edge payment solutions that align with the country’s vision for a cashless future.

Commenting on this partnership, Yasser Al-Barrak, Chief Executive of Corporate and Institutional Banking at SAB, said: “Our goal is to empower SMEs with financial solutions that meet their evolving needs, helping them expand in the marketplace and achieve their objectives. Our partnership with Telr represents a significant step toward that goal.”

For his part, Khalil Alami, Founder and CEO of Telr, stated: “Telr is committed to equipping businesses with innovative payment solutions that drive growth and efficiency. This collaboration improves conversion rates and strengthens Saudi Arabia’s digital economy.”

Supporting over 120 currencies and 30 languages, Telr enables effortless cross-border transactions while ensuring localized support and compliance with Saudi regulations.