RIYADH: Fintech firm Geidea has partnered with Pure Beverages Co.’s bottled drinking water Ival to enable acceptance of digital payments for their distribution network across Saudi Arabia, according to a press release.
It said Giedea will enable the point-of-sale payment system through its Go Lite and Tap-on-phone solution Go Air to Ival’s distribution network, thus allowing them to carry out contactless payment through their smartphone or card reader.
“Our tailored suite of payment solutions and technologies will not only simplify transactions for consumers, but also offer them the highest levels of convenience,” said Abdullah Alshowaier, chief business officer at Geidea.
He added: “We look forward to tapping into and supporting Ival’s large distribution network as we continue to boost our efforts in transforming KSA’s digital payments landscape.”
“This partnership will support the Pure Beverages Industry Co.’s goal of expanding the bottled water market in the Kingdom of Saudi Arabia by promoting digital payments and employing sector appropriate techniques,” said Saad Alajlan, general manager of Pure Beverages Industry Co.
