Home Industry Finance PayTabs becomes first to deploy Modirum 3D secure payment solutions in Saudi Arabia The alliance aims to offer flexible and cost effective secure authentication solutions for PayTabs merchants, banks and processors by Gulf Business June 16, 2023 Image credit: Getty Images Saudi Arabia’s PayTabs Group, the payment solutions provider, has announced a strategic agreement with Modirum – a 3D secure solutions provider. The alliance aims to offer flexible and cost effective 3D secure authentication solutions for PayTabs merchants, banks and processors across the kingdom. Modirum’s 3DS solutions offers authentication and verification of users’ identity. This ensures secure and seamless digital payments across all devices such as desktops, laptops, tablets and mobiles. The software security solution also aims to prevent card fraud on merchants’ websites and e-stores offering e-commerce vendors peace of mind. Certified for Verified by Visa and Visa Secure, MasterCard SecureCode, American Express Safekey, Union Pay and various other card schemes, the solution from Modirum also offers PayTabs merchants multiple integration options and APIs to ensure secure end to end transaction processing. Jari Heikkinen, CEO of Modirum said: “We are delighted to be working with PayTabs, the leading payment company in Saudi Arabia. Our 3D Server Solution is in use globally and recognised as one of the best in the industry by merchants, payment gateway companies and acquirers. We are proud that PayTabs chose to partner with us in this highly dynamic market and we look forward to continued growth in the region.” While at the PayTabs Group HQ in Saudi Arabia, Abdulaziz Al Jouf, founder and CEO of the PayTabs Group added: “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 in the Saudi kingdom’s vision 2030 to digitise the economy and payment ecosystem.” Read: Fintech PayTabs acquires Turkey’s social commerce platform, Paymes Tags Payments Saudi Arabia Technology 0 Comments You might also like Trump’s policies may hit EMs, but Saudi stays safe: Citigroup Lenovo, world’s largest PC maker, to launch factory in Saudi Arabia Saudi-backed Pony AI seeks $4.5bn valuation in US IPO Apple faces $3.8bn legal claim over iCloud practices