PayTabs selects Modirum’s 3D Secure technologies for safe payments in Saudi

PayTabs selects Modirum’s 3D Secure technologies for safe payments in Saudi

Saudi Arabia’s PayTabs Group, the region’s award-winning payment solutions provider, has entered a strategic agreement with Modirum, a global leader in 3D Secure technologies and services based in Finland, to offer flexible, robust, and cost-effective EMV 3D secure authentication solutions for PayTabs merchants, banks, and processors across the Kingdom.

Cybersecurity is key in today’s digital world. With hackers and cybercriminals trying to snatch user’s personal payment information, the 3D secure payments safeguards fraud and identity theft. According to a Deloitte report, many organizations in the Middle East were targeted by cybercriminals, especially since the pandemic.

PayTabs as a payment processor will provide authentication and identity verification of users with Modirum’s 3DS solutions. This guarantees safe and simple digital payments on all platforms, including desktops, laptops, tablets, and smartphones. Additionally, the software security solution offers eCommerce vendors peace of mind by preventing card fraud on merchant websites and online stores.

Abdulaziz Al Jouf

Founder & CEO

PayTabs “Together with Modirum, we are committed to elevating digital payments on Saudi soil by offering millions of eCommerce merchants, globally certified 3D Secure solutions. This partnership marks a new dimension in payment security and is one step closer to the Saudi Kingdom’s vision for 2030 to digitize the economy