Kuwait Finance House (KFH) has unveiled the “Zaheb” digital platform tailored for merchants and small and medium-sized enterprises (SMEs) in a strategic move to bolster technological innovation, digital transformation, and elevate service standards.
The Zaheb platform specializes in delivering cutting-edge payment solutions and facilitating various payment methods, including invoice links and QR code payments. KFH’s objective with this initiative is to provide innovative payment solutions, foster financial inclusion, and streamline secure and rapid fund transfers within the market.
Talal AlArbeed, KFH’s Executive Manager of Credit and Charge Card Products, emphasized that the Zaheb platform targets merchant clients and SME owners to contribute to the growth of their businesses while enticing them into the regulated banking sector. This novel service aligns with global trends in financial transactions, aiming to enhance electronic payment methods, elevate security measures, and expedite transaction processing.
AlArbeed underlined KFH’s unwavering commitment to digital advancement, catering to diverse customer segments and aligning with global benchmarks. The Zaheb platform offers state-of-the-art payment solutions to local merchants across various business sectors, accommodating various sales systems and customer preferences.
He emphasized KFH’s dedication to delivering top-tier services to customers, merchants, and business owners, spanning SMEs to large corporations, especially in the realm of electronic payments.
The platform encompasses essential services, including “Invoice Link,” enabling merchants to generate invoice links for individuals and groups, streamlining payments through email or SMS. Additionally, “QR code payment” empowers merchants to generate dynamic or static QR codes, allowing customers to make direct payments using their debit or credit cards.
The “Zaheb” platform extends its services to all business owners, from SMEs to large enterprises adhering to Sharia principles and maintaining current accounts with KFH. This new offering is poised to address the growing demand for e-payments, aligning seamlessly with corporate sales strategies.
KFH’s “Zaheb” platform represents a pivotal step in enhancing the digital landscape for businesses and SMEs, ushering in a new era of convenience and efficiency in financial transactions.
