Saudi Arabian event management platform Mila Celebrations has announced a new strategic partnership with the financial escrow solutions provider Waffy App. This collaboration aims to integrate Waffy’s secure payment system into Mila’s platform, enhancing trust and transparency for all event-related transactions between customers and service providers.
A Collaboration Built on Trust
The partnership merges Mila Celebrations’ expertise in simplifying event organization—from decoration and catering to overall management—with Waffy’s specialized escrow service. By incorporating a secure payment gateway, the collaboration addresses a critical pain point in the events industry: ensuring that payments are protected until services are delivered as agreed. This move is designed to build confidence for both consumers planning events and the vendors providing services through the Mila platform.
Integrating Fintech Into Event Management
Through this integration, users of the Mila Celebrations platform will benefit from a seamless and secure transaction process. When a customer books a service, Waffy’s escrow system will hold the payment, releasing the funds to the service provider only upon successful completion of the agreed-upon terms. This system protects customers from potential fraud and assures vendors that they will receive their payments, fostering a more reliable and efficient marketplace. The partnership highlights a growing trend of embedding fintech solutions into vertical-specific platforms to improve the user experience.
About Mila Celebrations
Headquartered in Saudi Arabia, Mila Celebrations is an interactive event management platform that aims to simplify event organization by providing convenience, efficiency, and value. The platform gives users access to a curated selection of top-tier service providers, all chosen to meet the stringent criteria established by Mila.
About Waffy App
Waffy is a leading Saudi platform providing financial escrow solutions, aimed at creating a safe and reliable environment for online financial transactions. The company was founded on the principle of protecting users’ funds and ensuring the smooth and secure completion of transactions by holding payments until the product or service is received according to the agreed-upon terms.
Source: LinkedIn