April 29, 2024
EdfaPay’s WePay obtains financial payments license in Tunisia
EdfaPay’s WePay obtains financial payments license in Tunisia
EdfaPay, a technical payments startup, has obtained a license and approval for its financial payment solutions in the Tunisian market through its arm “WePay” in cooperation with We-Settle.

This step strengthens EdfaPay’s plans for expansion in Africa in the field of financial payments to assist countries in their digital transformation and boost EdfaPay’s position as a leading technical payments provider.

Naima Mawla, General Director of WePay, said, “We are proud of this achievement and obtaining the financial payments license in line with our ambitions, which enhances WePay’s local and global goals and objectives, anchored by pioneering and talented Arab and regional competencies. We are proud of what we have achieved so far as it resulted in this distinguished launch of WePay services, and we confirm that this is the beginning of an ambitious successful journey with innovative financial services that meet local, regional and global requirements”.

WePay’s superior platform is the result of combining the experience of Saudi’s EdfaPay and the advanced FinTech services of Tunisia’s WePay. The expansion aims to provide payments integrated solutions to keep up with global market demands, and to promote advanced technological payments in the region.

EdfaPay has previously obtained licenses from global payment companies, such as Visa, MasterCard, and American Express, before receiving the local Tunisian authentication. The startup is ready to launch its service in May along with the announcements of many signed contracts with clients from Tunisia and Morocco.

This step comes as a critical turning point for EdfaPay’s global expansion. FinTech products including checkout and SoftPOS, will be introduced and developed by WePay, in addition to WePay International, a cross-border payment service for residents abroad, providing customers with a seamless and secure payment experience.

Ghormallah Al-Ghamdi, founder and CEO of EdfaPay, said, “I am pleased and proud to announce the future of this regional expansion. As EdfaPay has always been, it aspires to achieve distinguished successes and enhance its global presence, and this expansion is a realization of this goal thanks to the guidance and efforts of our wonderful team and the support of the Kingdom of Saudi Arabia”.
Cookies Information

We use cookies to ensue you get the best experience on our website

Privacy settings

Decide which cookies you want to allow.
You can change these settings at any time. However, this can result in some functions no longer being available. For information on deleting the cookies, please consult your browser’s help function.
LEARN MORE ABOUT THE COOKIES WE USE.

Necessary
Functionality
Analytics
Advertising

This website will:

  • Remember your cookie permission setting
  • Allow session cookies
  • Gather information you input into a contact forms, newsletter and other forms across all pages
  • Helps prevent Cross-Site Request Forgery (CSRF) attacks
  • Preserves the visitor's session state across page requests
  • Remember personalization settings
  • Remember selected settings
  • Keep track of your visited pages and interaction taken
  • Keep track about your location and region based on your IP number
  • Keep track on the time spent on each page
  • Increase the data quality of the statistics functions
  • Use information for tailored advertising with third parties
  • Allow you to connect to social sites
  • Identify device you are using
  • Gather personally identifiable information such as name and location

This website won't:

  • Remember your cookie permission setting
  • Allow session cookies
  • Gather information you input into a contact forms, newsletter and other forms across all pages
  • Helps prevent Cross-Site Request Forgery (CSRF) attacks
  • Preserves the visitor's session state across page requests
  • Remember personalization settings
  • Remember selected settings
  • Keep track of your visited pages and interaction taken
  • Keep track about your location and region based on your IP number
  • Keep track on the time spent on each page
  • Increase the data quality of the statistics functions
  • Use information for tailored advertising with third parties
  • Allow you to connect to social sites
  • Identify device you are using
  • Gather personally identifiable information such as name and location