barq and Riyadh Air have signed a strategic agreement to develop a comprehensive payment technology solution for the airline. The long-term partnership will support Riyadh Air’s commercial operations through an integrated, secure, and scalable payments ecosystem.
Under the agreement, barq will support Riyadh Air in developing payment capabilities across the full payment lifecycle. This will help enhance the guest experience while strengthening regulatory compliance, fraud prevention, and operational efficiency.
The partnership positions barq as Riyadh Air’s strategic payment technology partner. The two companies will work together on implementation, integration, and ongoing platform enhancement to improve transaction success rates and provide passengers with flexible, secure payment options across all channels.
The collaboration reflects both companies shared commitment to advancing Saudi Arabia’s digital economy and supporting the objectives of Vision 2030 through innovation and customer-centric financial services.
Commenting on the agreement, Faisal Al-Bashr, Chief Partnerships Officer, Partnerships at barq, said:” Our partnership with Riyadh Air underscores barq’s commitment to driving digital innovation through strong strategic alliances. By combining our payment expertise with Riyadh Air’s vision, we are creating frictionless financial journeys for global passengers while advancing the Kingdom’s Vision 2030 digital economy goals.”
Adam Boukadida, Chief Financial Officer of Riyadh Air, said: “Our partnership with barq strengthens the financial and operational foundation for our payment ambitions. This strategic collaboration will help us build an efficient, innovative payment infrastructure designed to scale with our growth, while maintaining the discipline and resilience our commercial operations require. It marks an important step in delivering a payment ecosystem that supports Riyadh Air’s long-term.”
Source: Riyadh Daily