Oberthur Technologies OT, a provider of embedded security software products and services, announced a key partnership with Pcard to provide secure payment solutions for Saudi Arabia. This partnership will allow banks of Saudi Arabia to provide advanced payment technology that will enhance and secure their customers’ shopping experience. Banks will benefit from having a one-stop solution for their various payment card needs.
Fahad Al Fawaz, Chairman at Pcard said, “This partnership with Oberthur Technologies opens up new prospects for the Saudi market. With a leader like OT, we will be able to deliver cutting-edge technology and open the path to disruptive solutions for our customers.”
“We are thrilled to be part of the payment ecosystem in Saudi Arabia. Our partnership with Pcard will bring global products, solutions, and best practice to compliment Pcard’s strong local footprint,” said Muzaffar Khokhar, Regional President for Russia and Middle East and Africa, Oberthur Technologies.