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WaffarX and DGTERA launch strategic partnership in Egypt, KSA

Businessmen Team communications-technology 29 May 2025 04:20 PM
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WaffarX and DGTERA launch strategic partnership in Egypt, KSA

WaffarX, Egypt's leading cashback solutions platform, has announced a new strategic partnership with DGTERA, a company specializing in smart solutions for the food and beverage (F&B) and retail sectors. The collaboration aims to integrate smart, value-driven consumer engagement tools powered by innovative technology, setting a new standard for operational efficiency and customer loyalty in Egypt and Saudi Arabia.

The partnership involves seamlessly integrating WaffarX's cashback technology into DGTERA's smart systems for restaurants and retail stores. This will provide consumers with an instant and rewarding experience at the point of purchase.

This move is designed to empower the F&B sector by enhancing customer retention, increasing average transaction value, and boosting operational performance. The partnership also supports the regional growth strategies of both parties by leveraging their combined strengths in fintech and digital retail infrastructure.

DGTERA, a prominent provider of smart solutions in Saudi Arabia, boasts an impressive reach, serving over 1,400 merchants and managing more than 6,000 active points of sale across the Kingdom. This established presence will be leveraged to expand the use of digital cashback tools and enhance the impact of fintech solutions within the F&B ecosystem.

Mahmoud Montasser, Co-founder and Chief Operating Officer at WaffarX, stated: "Our partnership with DGTERA is a pivotal step in WaffarX's expansion strategy. It reinforces our commitment to redefining consumer value by integrating cashback solutions into the F&B sector, making the customer experience smarter and more interactive to foster loyalty and support sustainable growth."

Mahmoud Medhat, Head of Partnerships at WaffarX, added: "This partnership exemplifies WaffarX's expansion through strategic alliances. By integrating our cashback capabilities into trusted F&B operating systems, we deliver added value to consumers and create new revenue and loyalty opportunities for our partners in key markets like Egypt and Saudi Arabia."

Muhannad Al Khatib, General Manager of DGTERA, commented: "At DGTERA, we empower the F&B sector with smart, integrated solutions that accelerate scalable growth. Our collaboration with WaffarX enhances customer experiences through effective tools that boost engagement, build loyalty, and maximize revenue."

This partnership marks the beginning of a new era in the F&B sector's digital transformation. It solidifies the integration of operational efficiency and customer loyalty into a single, unified operating model. WaffarX and DGTERA, through this alliance, are dedicated to creating scalable digital ecosystems that empower both merchants and consumers, thereby fueling the region's digital economy.