News & Events | MEFTECH KSA 2019; The Longest Running Banking and Finance Technology Event in The MENA Region

 

Mr. Janti Abdallah, General Manager of STS PayOne, participated as a speaker in MEFTECH, on the 24^th February at the Four Seasons Hotel, Riyadh, presenting STS PayOne as the official Payment Gateway Partner for MEFTECH 2019, and delivered a session on how end users are becoming more interested in making online/ remote payments, yet not thrilled about having to visit eCommerce websites, memorizing usernames/ passwords or downloading mobile Apps just in order to make such payments as several businesses interact with their customers remotely and are often being forced to accept MOTO (or Key Entry) payment transactions, which opens room for fraud, charge backs and higher fees charged by acquirers.

Mr. Abdallah also highlighted how would Cardholders love to go through a seamless/ frictionless payment experience, but are concerned about storing their sensitive card data with merchants, and shared insights about STS PayOne’s portfolio and solutions as a leading Payment Gateway and Digital Payments Solutions Provider that address such issues through innovation.