Geidea to provide smart payment solutions to Ival across Saudi Arabia

By Leandra Monteiro

Geidea, a FinTech company in Saudi Arabia, has partnered with Ival a bottled drinking water produced in Saudi Arabia to enable acceptance of digital payments for their distribution network across Saudi Arabia.

As part of the collaboration, Geidea will enable POS payment through it’s Go Lite and Tap-on-phone solution Go Air to Ival’s distribution network allowing them to accept secure contactless payments in a seamless manner through their smartphone or a pocket-sized card reader.

Ival water is available across the Kingdom, providing delivery services over a larger geographical scale with the availability of about 50 distribution centres. Ival distribution fleet consists of 1500 vehicles among large and small transport trucks and cars.

Abdullah Alshowaier, Chief Business Officer at Geidea said, “We are delighted to collaborate with Ival as their go-to partner to accelerate the acceptance of digital payments for their distribution fleet. Our tailored suite of payment solutions and technologies will not only simplify transactions for consumers, but also offer them the highest levels of convenience. We look forward to tapping into and supporting Ival’s large distribution network as we continue to boost our efforts in transforming KSA’s digital payments landscape”.

Saad Alajlan, From Pure Beverages Company commented, “In order to better serve our community and our clients in particular, we are excited about this new cooperation with Geidea. This will be accomplished by streamlining their payment and security procedures. We are convinced that with this agreement, we will form a special relationship with customers and offer them a one-of-a-kind customer experience.”

On the other hand, this partnership will support the Pure Beverages Industry Company’s goal of expanding the bottled water market in the Kingdom of Saudi Arabia by promoting digital payments and employing sector-appropriate techniques.

As a contributor to the Saudi Vision 2030’s objective to support startups and SMEs and increase digital transactions in the country, Geidea, through its innovative technologies, is providing a complete suite of payment, e-commerce, and business management tools to help local businesses grow and scale.