In an exclusive interview with Majed Al-Harbi, founder and CEO of Wateer, during his participation in the 24 Fintech conference, he shed light on the innovations that Wateer offers in the field of digital invoicing and the expansion the company has achieved so far.
Converting Paper Invoices to Digital in One Step
Wateer was founded with the goal of transforming traditional paper invoices, which we receive daily from stores, into digital invoices with just one step. The company provides this service through modern technologies such as NFC or QR Code scanning. This step not only facilitates payment and saves time but also ensures the secure storage of invoices in a digital format.
Integrated Solutions for Merchants and Consumers
Al-Harbi explained that Wateer offers comprehensive solutions for merchants, including reducing printing costs and supply chain expenses, as well as enhancing credibility through digital invoices. On the other hand, consumers benefit from the service by minimizing the risk of losing paper invoices and gaining access to additional services related to digital invoices.
Impressive Numbers and Achievements
Wateer has achieved remarkable milestones in a short period. The company has successfully converted over 4 million digital invoices and expanded to more than 500 points of sale, demonstrating its ability to meet the needs of both the market and merchants. Al-Harbi added, “We are expanding today with our solutions and partnerships with POS systems and ERP systems.”
Strategic Partnerships at 24 Fintech
Regarding his participation in the 24 Fintech conference, Al-Harbi expressed his satisfaction with the opportunities the event provided for his company. “Fintech 24 gave us the chance to forge many strategic partnerships,” Al-Harbi said, pointing out that such events enhance the company’s position in the market and open new doors for collaboration with other fintech companies.
Wateer continues its journey in driving digital transformation and offering innovative solutions that meet the growing market needs, capitalizing on its strategic partnerships and ongoing expansions in the digital invoicing sector.
