Kashier, NARD partner to provide integrated payment solutions: Egyptian e-payments startup Kashier Payments has signed a partnership agreement with multinational retail management and cloud software firm NARD to provide a payment acceptance service to merchants, according to a Kashier press release (pdf).

How it will work: The service will integrate NARD’s cloud-based point of sale (POS) software with Kashier’s payment processing platform, allowing merchants to accept in-store, online and mobile payments, the release said.

Pilot stage starts 4Q 2023: The service will be rolled out in a pilot stage to Kashier’s active merchants in 4Q 2023, with plans for a mass launch in 1Q 2024 with a focus on the food sector, Kashier co-founder and chief business development officer Mohamed Mohsen told Enterprise.

The strategy: The local market is maturing, making it the right time to launch digital payment services, Mohsen told us. Partnerships are important for companies looking to offer digital payment services, as it is a specialized market and companies shouldn’t try to be a jack-of-all-trades if they want to develop strong solutions, Mohsen said.

NARD? MENA-focused NARD works with retail businesses in Egypt, Kuwait, Jordan and Saudi Arabia. “Partnering with Kashier allows us to strengthen our offering by integrating advanced payment processing capabilities. Together, we are ensuring that retailers can thrive in the digital era,” NARD CEO Mohammed Al Anesi said in the release.

More about Kashier: Founded in 2017, Kashier provides businesses with a unified platform to make and accept payments to and from customers, vendors and partners. The startup completed a USD six-figure seed round in September 2020, led by Glint Ventures.

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