SAB partners with Ottu

FinTech News

SAB has announced its collaboration with Ottu to enhance its Digital Payments Solution. This partnership will provide SAB merchants with an Online Payment Management Solution (OPMS) using direct integration with the payment gateways provided by SAB.

This collaboration aims to simplify the technical integration framework to quickly enable the online payment acceptance through a seamless experience. Ottu’s technology and expertise will offer merchants a range of features & modules in a unified dashboard. OPMS will incorporate integrated technology that adds and enables additional payment methods such as express checkouts and digital wallets etc. introduced by the Bank.

Commenting on the collaboration, Mr. Yasser Al-Barrak, CEO of Corporate and Institutional Banking at SAB said, “Our partnership with fintechs providing cutting edge technology such as OTTU enforces our commitment to the vision of the Kingdom toward digitization. At the same time, it shows our commitment towards being a major contributor in providing acceptance solutions to our merchants which will ease efforts and save time for them.”

Yousef Al-Rugaibah, General Manager of Global Liquidity and Cash Management at SAB, said: “This cooperation comes within the framework of our accelerated steps to implement the integrated digitization strategy for the banking products and services that we provide, in accordance with the highest quality standards, in a way that enhances our constant endeavor to improve customer experience and enrich banking sector.

Lost Password