Telr, a Dubai-based payment gateway, has partnered with Bank AlJazira, a Saudi Arabian financial institution, to enhance digital payment solutions for businesses in Saudi Arabia.
This collaboration aims to support the country’s transition towards a cashless economy by improving transaction efficiency, security, and accessibility.
Through this partnership, businesses will have access to various payment solutions, including payment links, recurring payments, e-invoicing, and Buy Now, Pay Later (BNPL).
Telr’s technology will be integrated with Bank AlJazira’s banking infrastructure to streamline digital transactions and enhance fraud protection.
Khalil Alami, Founder and CEO of Telr, said,
“At Telr, we believe that digital payments should be simple, secure, and accessible for every business. Our partnership with Bank AlJazira is a major step toward revolutionising the payment experience, ensuring businesses can thrive in an increasingly cashless world.”
Nawaf Al Jathlan, Head of the Digital Payments Department at Bank AlJazira, stated,
“We are pleased to cooperate with Telr to provide advanced payment solutions to enhance the growth of the digital economy in the Kingdom and provide our customers with customised solutions to suit their business needs.”
This agreement is part of a broader effort to improve digital payment systems in Saudi Arabia, offering businesses the necessary tools to manage transactions efficiently.
In October 2024, Telr expanded into Jordan and Bahrain, aiming to drive digital transformation and support e-commerce growth in the MENA region.
Featured image credit: Telr
