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Geidea set to launch innovative SoftPos service in Egypt

Oluwatosin Adeyemi by Oluwatosin Adeyemi
November 30, 2024
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Geidea set to launch innovative SoftPos service in Egypt

Geidea set to launch innovative SoftPos service in Egypt

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Geidea, a prominent Middle Eastern supplier of digital payment solutions, is scheduled to introduce its ground-breaking SoftPos service in Egypt after a successful two-year rollout in Saudi Arabia and the United Arab Emirates. The company made the announcement on Wednesday.

This growth is a major turning point in Geidea’s plan to propel digital change in the area by providing customers and businesses with a cutting-edge, safe, and easy payment experience.

Read also: Paystack’s new partnership with OPay offers Nigerian businesses smarter payment solutions

Only smartphones, no need for traditional PoS machines for transaction

Geidea, the first firm in the Middle East and North Africa (MENA) region to develop SoftPos solutions, has completely changed the payment landscape since its debut in Saudi Arabia. This technology removes the requirement for conventional point-of-sale (POS) machines by allowing retailers to accept payments via smartphones.

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Egyptian Fintech Geidea Partners With Visa To Accelerate Digital Payments

Businesses of all sizes may process secure contactless payments straight from smartphones with SoftPos, which satisfies MPOC and CPOC requirements. This greatly increases the accessibility and efficiency of payments.

Geidea’s SoftPos service immediately became popular in Saudi Arabia, establishing a strong network of thousands of merchants throughout the Kingdom. Because of the service’s success in Saudi Arabia and the United Arab Emirates, it will soon be launched in Egypt, where the company hopes to equip merchants with cutting-edge payment solutions that improve business operations and give customers more simple payment options.

Read also: PAL Africa: Pioneering cross-border financial solutions for businesses in francophone markets

Geidea’s SoftPos guarantees security 

The SoftPos solution from Geidea is a component of the company’s larger plan to implement cutting-edge payment technologies that satisfy the changing demands of contemporary enterprises.

The business prioritises security and makes sure that all transactions are carried out under the strictest international guidelines for financial transaction safety and data protection. This is in line with Geidea’s objective to give customers and merchants a smooth, safe, and future-proof payment experience.

Geidea, a major force in the Middle East’s digital payments industry, has taken the lead in Saudi Arabia and is well-positioned to expand into other regional markets like Egypt and the United Arab Emirates.

By giving businesses new methods to handle payments and improving the customer experience in a world that is becoming more and more cashless, the company’s creative solutions are advancing the digital economy.

Tags: GeideaSoftPos
Oluwatosin Adeyemi

Oluwatosin Adeyemi

Oluwatosin Adeyemi is a seasoned writer with 5+ years of experience. He holds a degree in Animal Science from Olabisi Onabanjo University. A hardworking and creative individual with a passion for teamwork and self-improvement.

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