Kuwait Finance House (KFH) has launched the “Zaheb” digital platform for merchants and owners of medium and small enterprises as part of its efforts to enhance technology, digital transformation and improve service level.

The Zaheb platform is specialized in providing innovative payment and acceptance of payment methods (invoice link, QR code payment). This step is in line with KFH's dedication to offering the best innovative payment solutions, promote financial inclusion and facilitate secure and swift transfer of funds in the market.

KFH Executive Manager Credit and Charge Card Products, Talal AlArbeed, said that the Zaheb platform targets merchant customers and owners of SMEs in order to contribute to the development of their businesses and attract them to the regulated banking market. The latest advancements in financial transactions worldwide can be achieved through this new service, which aims to enhance e-payment methods, increase security, and ensure faster processing.

AlArbeed added that the new service affirms KFH's commitment to digital development, catering to different customer segments and meeting their interests and aspirations in line with global standards.

AlArbeed explained that Zaheb platform offers to local merchants the utmost cutting-edge payment solutions across various fields of business, taking into consideration the different sales systems and customer preferences.

He stressed KFH's keenness to provide its customers, merchants, and business owners of small, medium, and large companies, with the best services in line with advanced retail services, especially in the field of electronic payment.

He pointed out that the services in the platform include: "Invoice Link" for individuals and groups, which enables merchants to generate invoice links to be shared with their customers via e-mail or SMS, and the “QR code payment“, where merchants can generate dynamic or static QR code that customers can scan to pay them directly using their debit or credit card.

The "Zaheb" platform provides its services to all business owners from SMEs and large enterprises operating in accordance with Shari’a and having a current account in KFH. The new service is expected to meet a large part of e-payments that have recently increased in demand and become a priority in companies’ sales strategies.