Telr expands Saudi presence through strategic partnership with Saudi Awwal Bank
Telr, a Dubai-based payment gateway aggregator and provider, announced a partnership with Saudi Awwal Bank (SAB) to elevate payment services and enhance merchant efficiency.
The partnership will provide merchants with access to a comprehensive suite of payment solutions, including payment links, QR codes, digital invoicing, recurring payments, Buy Now, Pay Later (BNPL), and proprietary technology.
Supporting over 120 currencies and 30 languages, the payment gateway provider will also enable effortless cross-border transactions, while ensuring localised support and compliance with Saudi regulations.
Khalil Alami, Founder and CEO of Telr, said the collaboration will improve conversion rates and strengthen Saudi Arabia's digital economy.
Yasser Al-Barrak, Chief Executive of Corporate and Institutional Banking at SAB, said the partnership will help the bank to achieve the goal to empower SMEs with financial solutions that meet their evolving needs.
The Dubai-based firm said that by expanding its banking network in the Kingdom, it is positioning itself as a key enabler of digital commerce in Saudi Arabia, ensuring businesses have access to cutting-edge payment solutions that align with the country's vision for a cashless future.
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