Computerized wallets have been moving for quite a long time, however, reception of them has expanded during the COVID-19 pandemic. Exploration shows that the normal exchange worth of a computerized wallet exchange in the U.S. is 25% higher than a run-of-the-mill card exchange. Universally, the greater part of all web-based business exchanges is relied upon to be made with an advanced wallet by 2023. One of the essential benefits computerized wallets offer is a smooth online business experience with fewer snaps to look at. Growing awareness regarding mobile wallets and their applications, rising Smartphone penetration, and increasing security drive the mobile wallet market.
Some of the prominent digital wallet system providers in Saudi Arabia:
#1 R Pay Wallet:
R Pay Wallet is a prominent multi-merchant digital eWallet application development platform. It is a feature-rich digital wallet solution with a simple to utilize interface for the client contemplations and leverages business to the new horizon.
#2 Wallet Factory:
Wallet Factory, a company created for distributing white-label mobile wallet businesses across the world. They offer solutions for banking & payments, mobile, card solutions, loyalty, e-commerce, ERP, and much more.
Veengu is a modern cost-efficient, cloud-native financial platform that comes with a complete software toolkit for wallet & e-money projects,
SaaS and on-premise deployment. They run a powerful digital wallet solution with a versatile financial core powered by a high-performing proprietary transaction engine.
PAYMENTZ platform provides state-of-the-art, white-label payment gateway solutions — an essential infrastructural component in the card-not-present industry. By being your access point to the global market, This platform represents your bridge between merchants and financial institutions.
Temenos engages customers with exceptional mobile payment experiences, such as instant P2P payments and transfers, contactless payments, digital loans, etc. It aggregates value in your ecosystem by integrating insurance, airtime top-up, bill payments, remittances, cash in/out at agents, etc.
Dotcominfoway focuses on building a secure, scalable, and flexible payment system that integrates acquirers, issuers, and users quickly. It provides services across app consultation, data segmentation, web development, and much more.
Thus, I have listed some of the top-notch e-Wallet solution providers in Saudi Arabia to develop and customize your own e-Wallet solution that aligns with your business needs. Is your company not listed? No worries, comment on the section below.