PaymentsJournal
SUBSCRIBE
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
No Result
View All Result

PAYFORT Integrates SADAD Account via FORT to Further Open up the World of Ecommerce for Saudi Consumers

PaymentsJournal by PaymentsJournal
April 4, 2016
in Press Releases
0

Press Releases - Office Folder on Background of Working Table with Stationery, Glasses, Reports. Business Concept on Blurred Background. Toned Image.

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

Next generation payment gateway, ‘FORT’, now allows merchants to offer even more online payment options in Saudi Arabia

Dubai / Riyadh / Cairo– 03 April 2016 – PAYFORT, the Arab world’s leading online payment service provider, and SADAD Payment System (SADAD) today announced the arrival of SADAD Service on the FORT, PAYFORT’s next generation payment gateway. SADAD facilitates and streamlines consumer bill payment transactions via Saudi banks, simplifying payments bank account holders. Now merchants that use the FORT will be able to offer Saudi consumers the option to have purchases deducted directly from their bank accounts, via the addition of the SADAD account.

SADAD Payment System (SADAD) was established by the Saudi Arabian Monetary Agency (SAMA) to be the national Electronic Bill Presentment and Payment (EBPP) service provider for the Kingdom of Saudi Arabia.

“Using the SADAD account with the FORT, Saudi enterprises will be able to offer online payment options to a dramatically expanded consumer base,” explains Omar Soudodi, Managing Director of PAYFORT. “SADAD offers consumers a convenient way to pay via their own bank accounts, while FORT integrates tightly with SADAD, providing an easy way for merchants to offer the SADAD account as a payment option.”

SADAD makes bank account payments manageable and efficient for the ecommerce world, reducing the challenges of managing payments for banks, merchants and consumers. SADAD already facilitates a wide range of high-volume bill payments in the Kingdom, such as utility bills and phone bills.
“More and more Saudi businesses are beginning to rely on online payment processes,” added Muteb Alobeiwi, PayFort country manager for Saudi Arabia. “The addition of SADAD account to the FORT will provide businesses with the means to accept payments from an even wider range of consumers. SADAD connects all Saudi consumers to modern payment channels, regardless of their payment preferences.”

The addition of the SADAD account to the FORT means that merchants only have to integrate one API (Application Programming Interface) with their online stores in order to add bank account payments to the choice of payment methods offered to online customers. FORT is easy to integrate and comes with a powerful dashboard to help enterprises optimise their payment processes and increase conversions.

By integrating PayFort’s FORT system, merchants can also make online payment available to shoppers through credit/debit card payment, through globally recognized payment leaders including Mastercard, Visa, American Express and CASHU.

The FORT is PAYFORT’s most powerful and scalable payment solution, allowing enterprise customers to manage the payment process from payment options and user experience, through to order processing and bank transactions. The gateway’s powerful, easy-to-use dashboard allows merchants to build their own payment stack by choosing options for payment channels, fraud tools, acquiring banks, issuing banks and local payment services, such as Fawry, NAPS (Direct Debit Qatar) and SADAD Merchants.

PAYFORT is the payment platform for the leading e-commerce websites across the Arab world — such as Souq.com, IKEA.com, OLX, Landmark, Al Tayyar Travel Group, flynas, Air Arabia, Abdul Samad Al Qurashi and flyin.

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

    Analyst Coverage, Payments Data, and News Delivered Daily

    Sign up for the PaymentsJournal Newsletter to get exclusive insight and data from Mercator Advisory Group analysts and industry professionals.

    Must Reads

    eCommerce On Social Media, social commerce

    The Rise of Social Commerce and Social Payments

    February 3, 2023
    Electroneum AnyTask; ETN Crypto, sales enablement

    Ethical Financial Selling: The Role of Compliance Technology and Sales Enablement

    February 2, 2023
    direct deposit

    Nacha Launches Campaign to Reach Millennials on the Benefits of Direct Deposit

    February 1, 2023
    Equinix Helps UK-Based Payments Provider Enable Faster, More Reliable Payments Processing

    Equinix Helps UK-Based Payments Provider Enable Faster, More Reliable Payments Processing

    January 31, 2023
    credit card tumbling

    How to Detect, and Prevent, Credit Card Tumbling

    January 30, 2023
    Why Businesses Need to Adopt Real-Time Payments as a Competitive Differentiator

    Why Businesses Need to Adopt Real-Time Payments as a Competitive Differentiator

    January 27, 2023
    faster payments

    Faster Payments Are Set to Revolutionize Modern Digital Payments

    January 26, 2023
    How AI can Help Manage Payments Risk in 2023

    How AI can Help Manage Payments Risk in 2023

    January 25, 2023

    • Advertise With Us
    • About Us
    • Terms of Use
    • Privacy Policy
    • Subscribe
    ADVERTISEMENT
    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Videos
    • Industry Opinions
    • News
    • Resources

    © 2022 PaymentsJournal.com

    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Industry Opinions
    • Faster Payments
    • News
    • Jobs
    • Events
    No Result
    View All Result

      Register to download the Equinix report - Dojo Delivers Fast, Reliable and Secure Card Payments to Businesses on Platform Equinix