Telr, the award-winning online payment gateway, and “urpay” digital wallet, a product of neoleap, which is a leading fintech company whose role is to develop the individual and business sectors to be safer and more secure, announced a strategic partnership that allows Telr merchants in Saudi Arabia to accept ” urpay” as a payment method for customers buying goods and services online in the Kingdom.
The partnership agreement between the two companies aims to expand the horizon for merchants in the Saudi market by adding a secure digital wallet, enriching the supported payment methods, and improving their customers’ payment experience. Telr is constantly working hard to offer new payment methods to their customers, enriching the collection of offered payment methods that aim to unlock new opportunities for merchants in Saudi Arabia. This partnership supports the continuous efforts toward the transition to digital payments and is in line with the Kingdom’s vision to build a cashless society by 2030.
Khalil Alami, Founder & CEO of Telr, valued the signing of this agreement, pointing out that Telr is constantly seeking to come up with a new safe payment to serve all merchants and users around Saudi Arabia and the United Arab Emirates.
Alami also added, “Through this integration, our merchants will be connected to a growing set of payment methods supported by Telr, which aim at enhancing their competitive position in the field of e-commerce and ease the online shopping process for their customers. ”
Established in 2014, Telr is an award-winning, Dubai-based offering payment gateway solutions for SME’s, government bodies and large corporates. Its wholly owned, unique platform enables it to handle complex or unique payment methods or integrations. TELR was awarded with the prestigious Start-up of the Year award in 2014. In 2015 it won Best Payment Product in the Middle East award, whilst in 2017 it was awarded Innovative Vendor – Fintech at the 2017 GEC Awards in Dubai. Telr continues to be listed as one of the most funded and top fintech companies in The Middle East by several esteemed publishing houses such as Forbes among others.
With a fast-growing presence in the UAE and Saudi Arabia, TELR is building a wider regional presence in the MENA Region. TELR enables businesses to transact in over 120 currencies with payment platform capabilities in 30 languages & it provides customers with a range of financial & business services that include social commerce, QR Codes, BNPL, e-Commerce Platform, Business Loans, Payment links, Anti-fraud protection, Shopping Cart Integrations, & more.
TELR is the first PCI DSS Level 1 & NESA certified company in MENA.
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