Founded in 2020, Nearpay is a Saudi-based fintech startup dedicated to simplifying payment acceptance for merchants, particularly small and medium-sized enterprises (SMEs). The company's core technology is a "Tap to Phone" (SoftPOS) solution that turns any NFC-enabled Android phone into a secure payment terminal, eliminating the need for traditional hardware. Alongside its software, Nearpay also offers a range of smart POS terminals and a payment gateway, all managed through a unified merchant portal. Nearpay is officially licensed by the Saudi Central Bank (SAMA) as a Payment Technical Service Provider.

Founded in

Saudi Arabia