Finance & Capital Market

Sadad Bahrain launches new payment solution

Sadad Bahrain, a leading FinTech company in the kingdom providing a comprehensive digital payment platform, has announced the launch of its latest technology-driven service ‘Sadded’, once again transforming payment methods in the kingdom.

Sadded is a new payment solution that provides businesses and their customers a convenient solution through a secured payment channel, said a statement from the company.

It is an online invoicing system that allows businesses and individuals to issue invoices to their customers via SMS or email, with a URL/link to process the payments, it said.

The new solution is designed for deliveries, school fee payments, insurance payments and for many more types of business activities, basically collection of a due amount, tailored to support business owners to offer their customer base an advance payment system that is cashless, fast, secure and hassle-free payment, allowing customers to easily purchase their goods or services, it added.

Fatima Ali, marketing manager, Sadad, said: “We are committed to offering customers the most innovative solutions in line with the kingdom’s digitisation strategy.”

“This new payment solution is meant to convenience our clients and their customers by providing them ease-of-use and secure payment methods,” she added.

Merchants now can manage their business anywhere anytime with a complete history of their dues and collections all in one portal, easier to reconcile your transactions by linking it directly to your bank accounts, the process is seamless and secured, within 24 hours your funds would be received in your registered bank accounts, said the company statement.

Sadad also provides merchants with 24 hours customer support, it added. – TradeArabia News Service