Tadawul Tech Payment Platform logo

Tadawul Tech Payment Platform

by Tadawul Tech · Since 2014
No reviews yet
Active1+ countries
Quick facts
VendorTadawul Tech
Year launched2014
StatusActive
LocationAz Zawiyah St, Tripoli, Libya
Countries served1+
Languages2
Integrations
Free tier
Free trial
Contact sales

About Tadawul Tech Payment Platform

Tadawul Tech Payment Platform is a payment processing software from Tadawul Tech that supports secure online transactions. It provides features such as custom payment solutions, fraud detection, and reporting tools so businesses can manage their financial operations effectively. With an emphasis on security, the platform ensures that customer data is protected during transactions. It also offers multi-currency support and integrates with various e-commerce platforms. Key capabilities: payment gateway integration fraud monitoring transaction reporting multi-currency transactions customer support Best for: businesses that need reliable and secure payment processing solutions.

Tadawul Tech stands out as a pioneering fintech company that has successfully bridged the gap in Libya’s digital payment landscape since its establishment in 2014. The software demonstrates a strong commitment to adaptability and innovation, updating its products every three months to meet evolving market and regulatory demands. Its approach to data analysis allows the platform to continuously learn and improve, ensuring that users experience a reliable, efficient, and secure payment system. The emphasis on designing solutions tailored to consumer needs, particularly in a market with underdeveloped infrastructure, highlights its user-centric approach. The platform offers a comprehensive suite of 31 modules for banks, supporting both issuing and acquiring services, along with closed-loop card systems such as LYD and EMV cards with Chip & PIN technology. These cards are fully integrated with POS terminals, mobile applications, and web portals, making transactions seamless for both merchants and consumers. Tadawul Tech’s commitment to security is evident with PCI-DSS compliant hosting and real-time transaction monitoring that includes fraud detection capabilities. With over 570,000 users, more than 1.

Pros & Cons

What users like
  • +Connects banks with 31 modules enabling flexible issuing and acquiring schemes efficiently.
  • +Supports LYD and EMV cards with Chip & PIN for secure online and offline transactions.
  • +Provides real-time transaction monitoring with fraud detection for enhanced security.
  • +Processes over 1.5 million daily payments across 13,000 POS efficiently and reliably.
  • +Updates products every three months to remain compliant and responsive to market needs.
What users flag
  • Primarily focused on Libya, limiting global reach and cross-border transaction options.
  • Relies heavily on local POS infrastructure, which may be inconsistent in rural areas.
  • Does not currently offer an AI-powered chatbot for instant customer support.
  • Corporate and bank onboarding may require significant setup and training time.
  • High transaction volume demands robust internet, which may be unstable in some areas.

Features

Key features

Data Analysis
Collects and analyzes transaction and user data to improve services and adapt to market needs
Product Updates
Updates products every three months to remain current with market and regulatory changes
Bank Modules
Provides 31 modules for banks, supporting issuing and acquiring schemes based on BIN selection
Card & Wallet Issuing
Offers LYD and EMV cards with Chip & PIN along with digital wallets for consumers and merchants
POS Integration
Supports online and offline transactions through POS terminals, mobile apps, and web portals
Security & Compliance
PCI-DSS compliant hosting with real-time transaction monitoring and fraud detection systems
Scalability
Supports over 570,000 users, 13,000 POS, and more than 1.5 million daily payment transactions across Libya

Additional features

Value-Added Services
Provides additional services to enhance digital payment experience for clients
Real-Time Transaction Monitoring
Monitors all transactions instantly for accuracy and security
Fraud Detection System
Detects and prevents fraudulent transactions for banks and users
Closed-Loop Card Platform
Offers secure LYD and EMV card systems for offline and online transactions
Mobile & Web Support
Enables transaction access through mobile apps and web portals for consumers and merchants
Corporate & Bank Support
Services 200+ corporate clients and 6 commercial banks
Distributor Network
Works with 172+ distributors and 23 service providers distributing e-vouchers
Coverage
Operates in 69 cities and villages across Libya
Daily Transactions
Processes over 1.5 million daily payments
User Base
Supports more than 570,000 active users
POS Network
Operates through 13,000 points of sale

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

1
Countries served
2
Interface languages
1
Billing currencies

Available in

Libya

Interface languages

ArabicEnglish.

Billing currencies

LYD

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