Online payment company Telr is hoping to speed up the adoption of e-commerce in the region by offering merchants unique, tailor-made solutions.
By Dina Al-Wakeel
Sirish Kumar, the co-founder and CEO of online payment gateway Telr, said his company is working quickly to boost the number of online merchants in the region, and change the prevailing preference for cash on delivery (COD) amongst online shoppers.
Led by former Paypal, IBM, and WorldPay executives and employees, Telr currently offers its services and products to merchants in Dubai and Singapore. But Kumar believes e-commerce in the region is at an important inflection point, and his company will therefore soon be expanding into several other markets, including Saudi Arabia, Jordan, and Egypt.