Telr teams up with Saudi Awwal Bank to boost eCommerce payments

By Gloria Methri

Online payment gateway Telr has announced a partnership with Saudi Awwal Bank (SAB) to improve digital payment services and support merchant operations in Saudi Arabia. The collaboration aligns with the country’s Vision 2030 goal of building a cashless economy.

As digital commerce gains momentum in Saudi Arabia, Telr is expanding its presence through strategic partnerships. The partnership combines Telr’s payment technology with SAB’s financial infrastructure to improve the speed, security, and reliability of online transactions for businesses.

Merchants will gain access to a wide range of tools, including payment links, QR codes, digital invoicing, recurring payments, Buy Now, Pay Later (BNPL) options, and other proprietary features. Telr’s platform also supports over 120 currencies and 30 languages, enabling smooth cross-border transactions while staying aligned with local regulations and offering region-specific support.

Khalil Alami, Founder and CEO of Telr, said, “Telr is committed to equipping businesses with innovative payment solutions that drive growth and efficiency. This collaboration improves conversion rates and strengthens Saudi Arabia’s digital economy.”

Commenting on the partnership, Yasser Al-Barrak, Chief Executive of Corporate and Institutional Banking at SAB, stated,  “Our goal is to empower SMEs with financial solutions that meet their evolving needs, helping them expand in the marketplace and achieve their objectives. Our partnership with Telr represents a significant step toward that goal.”

He added, “SAB remains dedicated to fostering a dynamic business environment by offering services aligned with our customers’ aspirations and keeping pace with rapid advancements in digital payments, in line with the Financial Sector Development Program under Saudi Vision 2030.”

By expanding its banking partnerships in Saudi Arabia, Telr is positioning itself as a key player in the country’s digital commerce ecosystem. The company aims to ensure that businesses have access to advanced payment solutions that support the national push toward a cashless economy.