CASHIN for Information Technology and Payment Solutions Company announced its partnership with InterSoft, which is one of the largest companies licensed by the Saudi Central Bank with more than 20 years of experience in providing digital payment services and POS devices, which exceeded more than 150 thousand points of sale around the Kingdom.
This partnership is part of CASHIN’s efforts to provide innovative fintech products and services in line with the growth of the Saudi market and with the Saudi Vision 2030 within the financial sector.
The new company will provide financial technology systems and solutions with the highest quality standards using a unique technical model with national capabilities and talents.
Therefore, Ammar Al-Qadi, Director General of Intersoft, stated
We are pleased to partner with CASHIN to launch SoftCash, which will be the result of long years of experience in the payments and points of sale sector.
He added that SoftCash will be the transition ladder for a new era in new fintech and products such as SoftPOS technologies, digital wallets, and other advanced fintech products. The company also promises to provide the latest technologies and products to the network of partners from the banking and business sectors in the Kingdom of Saudi Arabia, and MENA.
Omar Al Rammah, CEO of CASHIN, also stated;
We are proud of this partnership with Intersoft, which is a new step towards achieving our goals. It is the result of the hard work and rapid development witnessed by CASHIN for a short period - Alhamdulillah - and in line with the Kingdom's vision to reduce the rate of cash use, SoftCash is interested in providing the best fintech solutions. He also added that at SoftCash, we will continue to localize and develop the systems locally. Therefore, We are proud to have reached advanced stages in achieving these goals, which will appear in the products launched soon and exported to the world with a Saudi national identity.