On the sidelines of the soft in space conference held in Turkey, Tadawul Tech announced a set of services, the most important of which is the implementation of PCI DSS standards, which are among the highest international security standards in the world, and providing a variety of different products with the highest levels of security and confidentiality of information.
The company also affirmed its keenness to provide advanced local technical support to reduce the need for commercial banks to pay in hard currency to participate in the service, relying on an integrated local support team that guarantees the quality of various operations.
Tadawul Tec provided the first Islamic credit card in Libya that is accepted at more than 13,000 points of sale in all Libyan cities and villages. It also provides the highest international level for developing the user experience and offers a distinguished product with high added value that increases customer loyalty.
Through these services, the company aims to increase the use of electronic payment for commercial bank customers by at least 4 times in electronic payment transactions, which can guarantee higher returns with less risk compared to traditional lending products.
In a related context, Tadawul Technology announced that it is connected to RTGS to ensure the provision of point-of-sale services and acceptance of payments to banks, and that it is keen to maintain distinguished levels of deposit liabilities and balances and to increase the bank’s opportunities to offer merchant services such as commercial credits and loans.
The company also provides field support through POS services 24 hours a day to ensure stability and rapid distribution from the field team of Tadawul.