MoneyHash has integrated its payment orchestration platform with Azm Fintech’s Edaat platform, giving merchants a new way to connect with Saudi Arabia’s local payment infrastructure.
The integration allows businesses using MoneyHash to access Edaat’s payment gateway, including SADAD KSA, as well as local billing and collections capabilities. Through a single connection, merchants can accept payments, automate collections and simplify reconciliation.
The companies said the setup is designed to reduce the need for merchants to manage multiple payment integrations while operating on infrastructure aligned with Saudi Arabia’s regulatory requirements.
Abdullah Khayat, MoneyHash’s Country Director and General Manager for Saudi Arabia, said the company aims to provide access to local payment capabilities while giving businesses unified control and visibility over their payment operations.
Edaat, a licensed billing and collections platform from Azm Fintech, supports group account management, collections and settlements across different technical platforms.
Hazem Al Rashed, Vice President at Azm Fintech, said the integration would make it easier for merchants to use Edaat’s billing, collections and reconciliation tools through a more streamlined setup.
Source: Fintech News
