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
- +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.
- −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
Countries & Languages
Available in
Interface languages
Billing currencies
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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 Payment Platform Details
Tadawul Tech Payment Platform's In-App Market Place
Does Tadawul Tech Payment Platform have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
LYD (ل.د)
Pros & Cons
- 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.
- 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.
Tadawul Tech Payment Platform's Support Options
Tadawul Tech Payment Platform's Alternatives
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Zofi Cash is a financial management software from Zofi Cash that provides tools for personal…
WebPay
WebPay is a payment gateway software from WebPay that provides a full-featured solution for processing…
Moniepoint
Moniepoint is a financial management software from Moniepoint Microfinance Bank that supports small business transactions.…
Chargeback
Chargeback is an automated chargeback prevention service that alerts merchants to incoming disputes, allowing for…
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