Tadawul and Sharara sign strategic e-payments services agreement

By Sami Zaptia.

Tadawul signs strategic e-payments agreement with Sharara Oil Services company (Photo: Tadawul Technology).

London, 14 December 2019:

Libya’s Tadawul Technology, one of the country’s leading electronic payments solutions provider, signed what it referred to as strategic partnership agreement last week to activate electronic payment services at the petrol stations of Sharara Oil Services Company.

Sharara is one of the five main companies in Libya that distribute fuel through petrol station.

Tadawul reported that the project will be implemented in stages starting with the closing of the electronic payment loop between the petrol station and Sharara Oil Services Company

The other stages of the project will be implemented in the coming months, Tadawul explained, until they reach the use of the ‘‘latest refuelling technology in the world and applied to stations all over the country’’.

Tadawul said that this comes as part of its continuous development and efforts to diversify the options of the payment acceptance network and to enhance joint cooperation between Tadawul Technology and oil sector companies in the field of electronic payment solutions.


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