foods way signs agreement with dun to offer forward payment solutions to customers

signing of the agreement

foods way seeks to provide outstanding services to the kingdom's business sector by offering forward payment solutions in collaboration with laden to increase the empowerment of entrepreneurs

RIYADH, SAUDI ARABIA, May 23, 2022 (EINPresswire.com) -- Based on our constant keenness to raise the level of service provided to customers and provide all means and solutions based on examining the needs of the market in various sectors and knowing the points that can be transformed into opportunities that reflect fundamentally

on the final experience of customers, Foods Way has signed an agreement with The Mind Company, a leader in providing smart payment solutions to the business sector through which we aim to provide new solutions of its kind in the region. Ladin offers the business sector the service of purchasing their products from suppliers and paying forward in concessional installments without usage fees, which is the first service of its kind in the Kingdom.

Mr. Ziad Al Shammari, CEO of Foods Way, explained that the company is always keen to provide innovative solutions to its customers, whether related to the products or services provided to them, and that this step will enable customers to obtain their products easily without having to pay directly or provide any guarantees if payment is in the first place, which will have a significant impact on increasing the purchasing power of customers in the first place, and increasing the volume of business without affecting the customer's ability To expand or increase the volume of operational or foundational expenses required to perform the work.

For his part, Mr. Firas Al Hamdan, co-founder of Ladin, explained that the business model was based on a careful reading of the challenges facing the business sector, especially the restaurant, entertainment and retail sectors, which will benefit greatly from this mechanism, especially since the focus has been primarily on facilitating all steps of application and adoption to be fully automated through the online platform that will contribute to facilitating the customer experience, and on the other hand, through the artificial intelligence algorithms of the platform evaluates The customer through the transactions he has made and therefore raises his rating which helps to form indicators that contribute significantly to increasing his dealings with traders.

Mr. Mohammed, Co-Founder of Foods Way, expressed his happiness with this partnership, which will contribute significantly to the flexibility of business transactions between different business sectors, and increase the stability of the SME sector.