Jeeny, the Middle East’s fastest
growing ride hailing application, announces a new strategic partnership with
STC Pay, the developer of the largest digital wallet in the MEA region, to
integrate STC Pay as the main payment method for Jeeny drivers.
This partnership is a testament
to Jeeny's unwavering commitment to improving driver services and delivering
accessible mobility in Saudi Arabia. The alliance will bring new levels of
convenience and efficiency to the earnings distribution process of drivers and
make the collection process smoother, by allowing them to seamlessly withdraw
their income directly from the Jeeny app to their STC wallet.
"This partnership marks a
significant step in our journey to equip drivers with the resources they need
to reach their earning potential," stated Eugen Brickius, Co-CEO of Jeeny.
" From a technology perspective, this partnership is integral to our
mission to differentiate Jeeny from its competitors. Our aim is to support our drivers through
technology by giving them more options to manage and move their money in
real-time. Empowering drivers is what sets us apart in the highly competitive
ride-hailing industry, and that is our top priority.”
The process of incorporating STC
Pay into the Jeeny app has already started, with the launch of customization
and automation features imminent. The objective is to offer a seamless digital
experience where drivers can easily take care of their financial matters. Jeeny
is utilizing innovative payment technologies to provide drivers with secure and
convenient transactions.
Additionally, the Financial
Sector Development Program, a component of Saudi Arabia's Vision 2030, aims to
encourage the adoption of digital payment solutions and make the country
cashless by 2025, with a target of 70% non-cash transactions. Hence, this alliance
is in line with Jeeny's goal of driving innovation and making digital payments
more accessible.
Commenting on the fintech and
technology alliance with STC Pay, Hammed Ehtesham, Co-CEO at Jeeny said: “By
teaming up with STC Pay, Jeeny is leading the charge in transforming the
payments industry. Our goal is to provide unparalleled levels of convenience,
efficiency, and automation to the transaction process. Not only will this
solution address cash flow challenges, but it will also help to enhance their
daily lives by enabling secure and instant access to their earning.”
“We are thrilled to join forces with Jeeny to
offer their drivers a safer and more user-friendly way to handle their
income," stated Megren Ahmed Alshammary, Partnership and Alliances Director
at STC Pay. "This partnership aligns with our mission to promote financial
inclusiveness and make digital payments a possibility for everyone."