Ottu and Bank Al Jazira sign an MCA to Enhance Payment Options

Saudi Arabia- 30h September 2024‍

Ottu, a leading Online Payment Management Solutions(OPMS), and Bank Al Jazira, a Shari'ah-compliant fast-growing financial institution in Saudi Arabia have entered a strategic partnership to simplify e-commerce activities and online payments for businesses.

Ottu's innovative online payment management solution (OPMS) with Bank Al Jazira’s advanced payment innovative Shari'ah-compliant financial services and digital commerce technologies will collaborate to create a partnership that will set new benchmarks for digital transaction reliability, convenience, and security by connecting and enabling commercial entities to accept online payments directly to their corporate bank accounts.

Ottu aims to streamline and optimize online payment processes across various industries, empower businesses with an efficient ecosystem for managing online sales channels and integrating multiple payment methods, and deliver transformative digital experiences to users.

This agreement marks a significant milestone in the payment landscape, offering a seamless and secure payment experience for customers and businesses alike.

"We are thrilled to partner with Bank Al Jazira to transform the payment ecosystem," said Talal Al Awadhi, CEO of Ottu. "Together, we will deliver innovative solutions that meet the evolving needs of our customers."

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About Ottu 

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Ottu is a leading fintech revolutionizing online payments for merchants. Focused on innovation and direct integration with Banks, Ottu has forged strategic alliances with banks, schemes, and acquirers, bolstering the fintech ecosystem in the MENA region. 

Learn more : www.Ottu.com

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About Bank Al Jazira:

Bank Aljazira (BAJ) is recognized as one of the leading Shari'ah compliant fast-growing financial institutions in Saudi Arabia, client-driven and service-oriented Saudi Financial Group which provides individuals, businesses and institutions with innovative Shari'ah compliant financial services through professional and dedicated staff.

https://www.bankaljazira.com/en-us/

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