https://arab.news/p63yr
PayTabs Group, a Saud-based payments solution powerhouse in the Middle East and North Africa region, has partnered with Nearpay, a Saudi payment infrastructure-as-a-service fintech brand, to offer users across Jordan and other PayTabs markets in the region, an elevated software point-of-sale payment experience.
The collaboration will enhance the user experience of merchants and customers that use PayTabs Touch — PayTabs proprietary soft pos application across the region, including the MEPS FAST application in Jordan. As part of its payment orchestration platform, PayTabs Soft POS technology is a modern leap in payment systems, seamlessly turning smartphones and tablets into swift payment terminals.
This innovative solution streamlines transactions by ditching bulky hardware, empowering businesses of all scales to effortlessly process card payments.
With a user-friendly interface and robust encryption, it not only simplifies checkouts but also amplifies customer satisfaction. PayTabs Soft POS technology enables merchants to conduct transactions anywhere, from bustling city squares to remote locations. This enhancement is set to redefine the landscape of mobile payment acceptance, offering friendly and efficient solutions for small and micro businesses. Businesses who sell out of a food cart, vendors running pop-up shops or restaurants that offer table side bill payments are a key demographic for tap-to-phone payment acceptance. PayTabs Soft POS, known for its secure features and reliability, will now be powered by Nearpay’s state-of-the-art POS infrastructure.
Eyad Musharbash, regional head and operating partner for the Levant region, PayTabs, said: “Two Saudi fintech brands are joining hands to power contactless payments in the region. 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.”
Mohammad Aleban, CEO and co-founder, Nearpay, added: “We’re excited about our partnership with PayTabs. Integrating Nearpay’s ‘tap-to-phone’ technology into PayTabs Touch is a game-changer, streamlining payments for businesses and offering users a modern, secure option. This collaboration sets new standards for contactless payments, reflecting Nearpay’s commitment to transforming the payments landscape.”