Riyadh – During its participation in the Money20/20 conference, almatar announced the signing of a strategic partnership agreement with MIS Pay, in the presence of Mr. Faisal Alrajhi, CEO of almatar, and Mr. Omar Al-Ammawi, CEO of MIS Pay.
This partnership aims to introduce a Deferred Payment Service for almatar customers, enhancing convenience and flexibility in travel planning. The agreement reflects the commitment of both parties to developing innovative financial solutions that align with market needs and customer expectations.
Faisal Alrajhi, CEO of almatar, emphasized the significance of this step in the company’s journey towards building a fully integrated digital ecosystem in the travel and tourism sector, stating:
“At almatar, we are committed to continuously enhancing our services by forming strategic partnerships with leading financial solution providers such as MIS Pay, with the goal of delivering added value to our customers and enabling a more seamless and flexible travel experience.”
On his part, Omar Al-Ammawi, CEO of MIS Pay, highlighted the importance of this collaboration in empowering customers to benefit from innovative payment solutions that elevate their experience with almatar. He affirmed the company’s commitment to offering digital financial services that meet the needs of diverse customer segments while supporting the Kingdom’s digital transformation.
This agreement comes as part of almatar’s vision to expand its network of strategic partnerships and reinforce its position as a leading platform that bridges the travel and financial services sectors, contributing to the objectives of Saudi Vision 2030.