by Ryu Hyunseok
Published 14 Oct.2024 09:33(KST)
WeHub, a payment solution specialist company, announced on the 14th that it will participate in GITEX GLOBAL 2024, one of the world's largest IT exhibitions. WeHub plans to showcase its innovative online and offline payment solutions to global companies and visitors.
GITEX GLOBAL, held in Dubai from today until the 18th, is a gathering place for IT companies and innovative technologies from around the world. This year, about 5,000 companies from over 100 countries are participating.
WeHub will present its proprietary payment solution focused on expanding offline merchants. This solution provides customized services for various industries, from small and medium-sized businesses to large retailers, emphasizing the sales growth of merchants. It enhances competitiveness by offering multifaceted functions such as convenient integration with existing payment systems, customer data analysis, and strengthened payment security.
There are also plans to introduce online payment solutions. In line with the expansion of the global e-commerce market, WeHub will exhibit an integrated payment platform featuring digital payment security solutions, mobile payment options, and recurring payment functions for subscription-based businesses.
For the first time at this exhibition, WeHub will showcase its patented consumer-driven payment technology. Consumer-driven payment is a technology that allows consumers to directly convert their mobile devices into payment terminals through WeHub's proprietary payment module. This enhances consumer security and convenience, and companies can reduce fees through direct payments.
Through this event, WeHub aims to expand its merchant base in overseas markets such as the Middle East, Europe, and Asia. The Middle East market is rapidly strengthening its position due to the surge in demand for payment solutions driven by the spread of smart cities and the digital economy.
Gu Hyung-mo, Vice President of WeHub, stated, “GITEX is an important opportunity to widely promote WeHub’s technology and solutions in the global market,” adding, “We will expand global partnerships based on innovative payment solutions and accelerate our entry into overseas markets.”
He continued, “Beyond simply providing payment services, we will offer various solutions supporting the digital transformation of merchants and establish ourselves as a leader in the global payment market.”
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