450K e-payments in Ejar program during the first half of 2022

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<mark style="background-color:rgba(0, 0, 0, 0, 0)" class="has-inline-color has-vivid-red- that the payment operations through electronic channels in the electronic network for rental services exceeded 450 thousand operations during the first half of 2022, indicating that the electronic payment operations for rental payments provided by the electronic network for rental services varied between annual, semi-annual, quarterly and monthly payments, in addition to the operations of charging the user's balance in the network, explaining that all its services, including financial services, would facilitate the procedures of rental transactions and preserve the rights of the parties, resulting in the documentation of about one million rental contracts during the current year.

The program explained in a press release today that the electronic payment of payments establishes financial transactions between the parties to the rental process, preserves their rights, and enhances trust between them, as electronic payments spare the parties to the contract (landlord and tenant) from cash transactions and the issuance of receipts of bills of exchange.
Electronic payments through electronic channels (SADAD, Mada) are an accredited proof of payment of rent, in addition to facilitating financial collection procedures and following up financial transactions, which facilitates the agreement of the parties to the rental process to choose short payment periods, including monthly, quarterly, and meet the wishes of the beneficiaries, in order to facilitate the payment process for the tenant, where partial or future payment of the rental payment is possible, and organize the collection process for the lessor by registering the lessor's bank account in the network during contract registration; to transfer financial payments from payment channels to the lessor's account directly.

Registration of the bank account of the lessor in the network during the registration of the contract.

Ejar previously announced the addition of a number of services, such as: Rental Index, Receipt and Delivery, Rental Behavior, electronic contract documentation directly through the network, in addition to providing various payment channels for rent payments, including: "In addition to strategic partnerships with other entities that enable the transfer of services in the name of the actual user of the rental unit.

Mada has previously added a number of services, such as: rental index, receipt and delivery, rental behavior, and contract documentation directly through the network.