June 4, 2015

Telr paves new e-commerce avenue for local start-ups

Telr, a Dubai-based payment gateway, has inked a deal with Arab Bank from Jordan to serve the growing e-commerce market across the region.

Telr, a Dubai and Singapore-based payment gateway, and Arab Bank, an Amman-based bank, have partnered to encourage more companies and entrepreneurs to build their online businesses.

According to the concluded payment facilitator agreement, Telr will be responsible for performing due diligence and onboarding e-merchants, ensuring their full integration and managing risks during the ongoing transactions between buyers and sellers.

The participating merchants will also receive a number of benefits including a competitive pricing structure, a streamlined onboarding process and transactions to Arab Bank accounts in local currencies.

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