PayLogic, a leading provider of innovative payment solutions, is proud to announce its successful collaboration with WeCash, a prominent company in the electronic payment industry. Over the course of six months, from June 2021 to December 2021, PayLogic worked closely with WeCash to implement and deploy a comprehensive suite of services, including the supply of an Interoperable Private Switch.
PayLogic installed and integrated essential services such as transaction switching for banks, mobile network operators (MNOs), and remittances as part of the project. Additionally, agency banking, cardless withdrawal, wallet-to-wallet and wallet-to-card money transfers, merchant payments, remittance services, bill payments, fast payments, and an API library exposed to banks and MNOs were seamlessly incorporated into WeCash’s operations.
By leveraging PayLogic’s cutting-edge technology and expertise, WeCash was able to enhance its digital infrastructure and provide a wide range of financial services to its customers. The implementation of the Private scheme empowered WeCash to facilitate secure and efficient transaction processing across multiple channels.
WeCash, operating in Sanaa, has achieved significant milestones in the Yemeni electronic payments market by offering a diverse range of services through its flagship product, Jawali. With PayLogic’s support, WeCash has strengthened its position as a key player in driving financial inclusion and promoting digital payment adoption throughout the country.
PayLogic’s deep understanding of the industry and commitment to delivering innovative solutions played a vital role in the success of this partnership. By leveraging their expertise and technology, PayLogic enabled WeCash to offer seamless financial transactions, contributing to the overall growth and development of Yemen’s digital economy.
“We are delighted to have partnered with WeCash in their journey towards digital transformation,” said Mohamed MEKOAUR, chairman at PayLogic. “Our collaboration has empowered WeCash to provide secure, convenient, and inclusive financial services to their customers while driving the adoption of electronic payments in Yemen.”
About PayLogic: PayLogic is a leading provider of innovative payment solutions, offering a wide range of services and technologies to businesses and financial institutions worldwide. With a focus on customer-centricity and cutting-edge technology, PayLogic enables organizations to enhance their digital payment capabilities, optimize operational efficiency, and drive business growth.
About WeCash: One of the leading companies in the electronic payment industry in Yemen, through its primary service JAWALI. Jawali is an electronic wallet offering different financial services like sending & receiving local remittances, purchasing payments, billing, cash-in, cash-out, and many other benefits.