June 24, 2024

Madayn And Sadad Gateway Alliance Boosts EPS For Investors

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Madayn And Sadad Gateway Alliance will aid in investors and business owners to gain seamless access to Sadad Gateway’s comprehensive payment platform, ensuring secure and efficient transactions within the Sultanate
Madayn And Sadad Gateway Alliance Boosts Electronic Payment services For Investors. Image courtesy: Madayn

The Public Establishment for Industrial Estates “Madayn” has signed an agreement with Sadad Electronic Payment Gateway on the sidelines of Comex Global Technology Show 2024, focused on introducing electronic payment services (EPS) for investors and business owners.

According to Industry sources, through this partnership, investors and business owners will gain seamless access to Sadad Gateway’s comprehensive payment platform, ensuring secure and efficient transactions within the Sultanate. 

According to Industrial sources, as per the agreement, the self-service payment machines will be located at Masar Service Centres across various industrial cities under Madayn’s purview. The provided services, including payment kiosks and mobile applications, will empower users with convenient and secure payment options, enhancing their overall experience with Madayn’s services.

According to Industry sources, the agreement was signed by Khalid bin Sulaiman Al Salehi, Director of Industrial Incubations and Innovation at the Industrial Innovation Academy from Madayn’s part, and Eng. Ibrahim bin Abdullah Al Hosni, CEO of Sadad Gateway.

Industry sources also added that Madayn focuses to boost efficiency and productivity through this agreement by introducing self-service payment machines, streamlining payment processes, and reducing the need for investors and employees to leave their premises for transactions. The agreement also supports digital transformation by promoting advanced technologies and electronic payment systems, aligning with global trends, and elevating user experience with smooth payment methods, thereby boosting client satisfaction.

Industry sources also adds that the agreement incorporates training national cadres in the maintenance of electronic payment machines, money collection, and FinTech software, and providing maintenance opportunities for SMEs.

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