MEFTECH Payments show to be held in KSA

Conference will highlight potential for new payment solutions in Saudi

Tags: FinancePayment solutionsSaudi Arabia
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MEFTECH Payments show to be held in KSA MEFTECH Payments will discuss the potential for payment solutions in Saudi Arabia.
By  Mark Sutton Published  April 4, 2018

The MEFTECH Payments show will be held in Saudi Arabia for the first time in May, to cater to the growing demand for new payment solutions in the Kingdom.

The conference and expo, which takes place on 9-10th May, will highlight innovations, new products and technologies for electronic payments methods.

MEFTEC Payments is organized in partnership with mada, the national payment network and SADAD the national Electronic Bill Presentment and Payment System provider to support their commitment to continue POS growth in the Kingdom.

The event will include ‘live' innovation demonstrations and an industry leading program of specialist speakers and exhibition. MEFTECH Payments will cover platforms including: card, POS, ATM, VTM, Blockchain Technology, NFC, Security, Wearable, Mobile Payment solutions and more.

Tariq Abdat, President of Alhamrani Universal sponsors of MEFTECH Payments said: "The Payments Industry in Saudi Arabia is witnessing a revolution under the auspicious of the SAMA mada program. Technology is evolving, consumers' expectations are increasing, merchants' requirements are getting more and more comprehensive and the new millennial generation is driving the digital transformation initiative along with banks towards having a unified seamless experience while transacting at every touch-point of the payment channels. MEFTECH will be a great opportunity to witness the Fintech companies' solutions that will be shaping our future."

MEFTECH Director, Oliver Bickell added: "MEFTECH Payments launches on the back of previous successful events across the region which has brought together more than 8,000 financial industry executives and over 1,000 technology providers in Bahrain, Dubai & Abu Dhabi. The first event in The Kingdom of Saudi Arabia will see attendees from Banks, Government Departments, Financial Institutions, Enterprises - large and small - who will come together to share knowledge, network, and do business in this established but growing financial market driven by Saudi Arabia's VISION 2030."

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