Sanad Pay’s Post

Saudi Arabia’s fintech wave is unstoppable! 🚀 Here are 10 top fintechs revolutionizing finance: 1️⃣ STC Pay – E-Wallets & digital payments 📱 2️⃣ Tamara – Buy Now, Pay Later (BNPL) 🛍️ 3️⃣ HyperPay – Payment gateway solutions 💳 4️⃣ PayTabs – E-commerce payment processing 🌐 5️⃣ Geidea – POS & payment tech 🛒 6️⃣ Lean Technologies – Open banking APIs 🔗 7️⃣ HalalaH – Digital wallets & bill payments 💰 8️⃣ Sarie – Instant payments via IBAN ⚡ 9️⃣ Ajar – Rent collection solutions 🏠 🔟 Tabby – BNPL for shoppers 🛒 Saudi fintech is shaping the future! 🌟 #Fintech #SaudiVision2030

Cash is no longer king at point-of-sale (POS) retail outlets! #Oman had undergone a digital payment revolution this year with the introduction of #SamsungPay in June and the launch of #ApplePay on 24th September, Oman is rapidly embracing contactless and digital payment solutions. This is just the beginning, the real competition will heat up when the next payment wallet enters the market. Currently, these are the leading payment methods in neighborhood: #ApplePay #SamsungPay #GooglePay #SwatchPay #GarminPay #FitbitPay, and many more. These digital wallets have transformed how consumers and businesses transact, offering fast, secure, and contactless payment options. In Saudi Arabia, contactless payments have reached a 94% penetration rate, according to the Saudi Central Bank, while the UAE stands at 84%, according to Emirates NBD. So, #what’s #next? 1. Which payment gateway will be the next to enter Oman? 2. What will the payment penetration rate across the country look like in the future? 3. How will the payment landscape evolves in Oman? Do share your thoughts in comments. #futureofpayment #oppurtunities #banks #omanbanks #fintech #paymentwallets #Applepay #samsungpay #googlepay #visa #garminpay #Swatchpay #Gitbitpay #nbo

🚀Why Payment Aggregators in KSA Are a Game-Changer for Modern Businesses🚀 In Saudi's fast-paced business world, simplicity and efficiency are key. That’s why payment aggregators are becoming the go-to choice for many entrepreneurs. 1. Seamless Integration 💻 Payment aggregators offer quick and easy integration with popular e-commerce platforms and payment systems. Get up and running in no time without complex setup procedures! 2. Lower Barriers to Entry💡 No need for a separate merchant account! Aggregators handle this for you, reducing upfront costs and simplifying the process. 3. Built-In Features 🔒 Advanced fraud prevention and robust customer support are often included, giving you peace of mind and a solid support system. 4. Scalability 📈 As your business grows, so does your payment solution. Aggregators offer scalability and adaptability, keeping you ahead with the latest payment technologies. 5. Convenience 🛠️ Benefit from a unified dashboard to manage transactions, reporting, and reconciliation, plus pre-built integrations for popular platforms. Payment aggregators streamline payment processing, allowing you to focus on what matters most ... growing your business. #payment #mada #visa #fintech #tech

As you seek to improve your business and manage payments better, think about moving to cashless/digital payments by deploying Ecobank Uganda POS machines! Call 0312 354100 & upgrade your business right away. You need to concentrate on offering quality products and services and leave the issue of payments to a system that will offer seamless and smooth financial transactions. #ABetterWay #CashlessPayments #DigitalPayments

Network International, a digital payments company in the Middle East and Africa, has joined with Ant International to expand digital payment options across the MEA region. The deal brings Alipay+ Wallet Tech to MEA, helping businesses build e-wallet apps and super apps. Network International works with over 250 financial institutions and 130,000 merchants across 50 countries, making this deal key for the region's digital payment growth. The deal adds Alipay+ payment options to Network's online platforms, giving consumers easy QR code payments through their chosen digital wallets. It also includes Antom's payment processing platform to boost card payment services for international cards issued in UAE. This helps merchants accept more local payment methods and connect better with local customers. Alipay+ links over 30 digital payment methods worldwide, and the service will expand to other MEA countries. #DigitalPayments #MEAFintech #FinancialAccess #PaymentTech #DigitalGrowth

🚀 Introducing Fatura: Revolutionizing Payment Processing in Morocco! 🚀 We are thrilled to announce the development of Fatura, an innovative NFC payment app designed to transform the way Moroccan merchants handle transactions. By leveraging cutting-edge Near Field Communication (NFC) technology, Fatura enables merchants to accept contactless payments directly from their smartphones, eliminating the need for traditional, costly payment terminals. Why Fatura? • Cost-Effective: No need for expensive hardware. Your smartphone does it all. • Convenient: Accept payments anywhere, anytime. • Secure: Advanced encryption ensures all transactions are safe. • User-Friendly: Intuitive design for easy use. Our Vision At Fatura, we aim to empower Moroccan businesses by providing a seamless, efficient, and affordable payment solution that adapts to the modern market’s needs. Our goal is to foster economic growth and innovation across the country. Seeking Partnerships and Investors To bring Fatura to life, we are seeking collaboration with key players in the financial sector, including CMI Maroc, for the necessary authorization and infrastructure support. Additionally, we are open to investment opportunities to accelerate our development and deployment process. Join Us on This Journey! We invite investors and partners to join us in this exciting venture. Together, we can revolutionize the payment landscape in Morocco and support the growth of businesses nationwide. 📩 Get in Touch: If you are interested in learning more about Fatura or exploring investment opportunities, please reach out to us at [admin@spotlightadz.ma]. Let’s shape the future of payments in Morocco, together! #Fintech #Payments #NFC #Innovation #Morocco #InvestInTech #Fatura #cmi #youcanpay #TPE

If you are attending 24 Fintech, Saudi Arabia’s new flagship fintech event which will host finance, policy, technology and investment leaders from around the world in Riyadh, Witness our Client partners and Visionary Leaders Abdulrahman Al-Hammadi and Abdullah AlBaker , Founders of krti and let their hands show you the Magic of Loyalty, Rewards and Mobile Payments powered by SayShop What is SayShop? One stop Commerce Platform with Digital Marketing Loyalty and Rewards Campaigns SoftPOS Write to us at presales@theecode.xyz or DM to theecode to get your personalised demo. #24Fintech #theecode #sayshop #loyalty #POS #ecommerce #digitalmarketing

MTN Nigeria, the country’s leading telco, has applied for Payment Service Solutions Provider (PSSP) and Payment Terminal Service Provider (PTSP) licenses for its fintech subsidiary, MoMo from MTN. These licenses will enable MoMo PSB to double down on digital payments. “The PSSP license allows MoMo PSB to offer payment processing gateways, develop financial solutions, and provide merchant aggregation and collection services. With a PSSP license, MTN can process its payments, reducing what it currently pays to other PSSPs. Beyond fixing the internal payment needs of the telco business, MoMo PSB can also address the payment processing needs of merchants and partners. “The PTSP license will allow MoMo PSB to deploy and service POS terminals, develop POS applications, and offer training and support to over 302,000 merchants, agents, and 5.3 million users on the MoMo PSB platform.” Via TechCabal. #fintech #financialservices #payments #digitalpayments #mobilemoney

Raast payment system reached a milestone of Rs 1 trillion in transactions within just 16 days 🚀 The rapid growth reflects increasing adoption of digital payments in Pakistan And with the introduction of Raast P2M service State Bank of Pakistan (SBP) just made digital payments even easier for businesses in Pakistan as the businesses can now accept payments using QR codes, Raast IDs, bank accounts, or even by sending a payment request. This means more options for customers and less hassle for businesses so what are you waiting for....let's talk if you would like to know more on Raast P2M service #digitalpayments #QR #Raast #ecommerce #retail

In Saudi Arabia, mada is the go-to payment method, with a staggering 71% increase in eCommerce transactions using mada cards in Q3 2022 compared to the same period in 2021. Established by the Saudi Central Bank in 1990, mada | مدى is the most issued card for both in-store and online payments across the country. Visa's market share took a 25-point hit between 2020 and 2021, losing its top spot to mada, the leading payment card brand in Saudi Arabia. While mada is mostly used domestically, cards co-branded with Visa or Mastercard can be used for international purchases. mada's popularity stems from its convenience and the trust it builds, being backed by the Saudi Payments Network. 📈 Curious to see how the payment landscape in Saudi Arabia evolved from 2019 to 2022? Check out the full analysis! 👀