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Interpay and Global Blue announce strategic alliance in the Kingdom of Saudi Arabia

Interpay

By integrating Global Blue’s technologies, Interpay will offer merchants omnichannel and seamless payment solutions in the Kingdom of Saudi Arabia.

Interpay, a premier provider of unified payment solutions, and Global Blue, a leading name in payment technologies for the hotel and retail sectors, are delighted to announce a strategic alliance in the Kingdom of Saudi Arabia. This collaboration aims at enabling Interpay to integrate their payment solutions directly to the Point of Sales (POS) and Property Management Systems (PMS) of retailers and hotels, thanks to Global Blue technology, as well as introducing Dynamic Currency Conversion (DCC) and Multi-Currency Pricing (MCP) Global Blue solutions.

A Solution to Empower Seamless Omnichannel Payment Experience

This integration will enable hotels and retailers to deliver a seamless omnichannel payment experience for their guests and customers. For hotels in the Kingdom, it will facilitate all forms of payment, making transactions easy and convenient for both staff and guests. The incorporation of omnichannel options and card tokenization at the point of payment will enhance the efficiency of check-ins, optional payment top-ups, and check-outs. Additionally, it will optimize operations and save time for staff. By integrating all inbound payment methods with the property management systems, this solution will streamline reconciliation processes and mitigate PCI risks for merchants.

Introducing Dynamic Currency Conversion for Consumers

It will also allow hotels and retailers to offer customers the option to pay in their preferred currency, significantly enhancing the overall customer experience.

In stores, Dynamic Currency Conversion empowers customers to pay in their home currency, offering real-time exchange rates and enhancing spending transparency.

Online, Multi Currency Pricing allows merchants to showcase prices in various currencies, enabling customers to select their preferred payment currency. This not only reduces cart abandonment rates but also significantly improves the overall customer experience, fostering greater satisfaction and loyalty.

With these advanced payment systems in place, the partnership between Interpay and Global Blue is set to revolutionize the payment landscape in the region, providing merchants and consumers with enhanced convenience and cutting-edge technology. By leveraging Global Blue’s expertise in integrated payment solutions, Interpay will deliver unparalleled value to their merchants, enabling them to provide a seamless payment experience to all international shoppers.

“I am pleased that Interpay has opted to integrate Global Blue’s Payment Orchestration Layer, along with DCC and multi-currency functions, into their payment system across the Kingdom of Saudi Arabia. We believe this integrated solution will enable merchants to offer a superior payment experience, while also delivering improved operational efficiencies and greater security benefits.” says Damian Cecchi, Senior Vice President of Global Blue Payments
“I am thrilled to announce our strategic partnership with Global Blue. This collaboration represents a significant step forward in, and reaffirms our commitment to, enhancing the payments experience in Saudi Arabia. By leveraging our respective strengths and integrating Global Blue’s payment platform along with Dynamic Currency Conversion into our omnichannel payments platform, we are set to empower hotel and retail merchants to deliver a seamless payment experience. This integration will enable customers to transact in their preferred currencies, a feature that will become increasingly vital as the Kingdom progresses towards its Vision 2030 goals.” said Sumi Siva
Interpay’s CEO.

As both companies work together to roll out this innovative payment solution, they are committed to driving growth and improving the payment experience for businesses and consumers alike in Saudi Arabia.

Vicky Karantzavelou
Co-Founder & Chief Editor - TravelDailyNews Media Network | Website | + Posts

Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.

She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.

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