The service will be launched first through Klickl in compliance institutions in Europe and Canada, with plans to gradually expand to other regions such as the Middle East and North Africa (MENA) after obtaining the relevant regulatory approvals.
Recently, Klickl, a leading Web3 fintech platform in the Middle East and Africa, announced the signing of a memorandum of understanding (MOU) with SOLAAX, a global leader in event management technology. The two parties will work together to launch the world's first seamless international payment and cryptocurrency payment solution, aimed at providing a more convenient payment experience for customers on the SOLAAX platform.
The service will be launched first through Klickl in compliance institutions in Europe and Canada, with plans to gradually expand to other regions such as the Middle East and North Africa (MENA) after obtaining the relevant regulatory approvals.
Reshaping the Global Entertainment Industry Payment Ecosystem
Through this collaboration, SOLAAX will fully integrate Klickl's payment gateway and digital wallet system, enabling global event venues and participants to transact using both traditional currencies and cryptocurrencies. This strategic move further strengthens SOLAAX's commitment to providing seamless, borderless experiences for various events, while also reflecting Klickl's mission to provide barrier-free access to cryptocurrencies for global users.
SOLAAX CEO Majd Aburas stated, "This collaboration marks a significant enhancement in the flexibility and accessibility of event payments. By integrating Klickl's payment and wallet technology, we will be able to offer more payment options, including cryptocurrency payments, to events and venues, and better retain customers through a tokenized loyalty system."
As a secure and compliant infrastructure provider, Klickl ensures smooth transactions and bridges the gap between traditional finance and digital assets.
Klickl's global CEO Michael Zhao stated, "The collaboration with SOLAAX will bring Web3 finance into the entertainment industry, achieving seamless global payments in both crypto and fiat. Together, we are redefining event payment transactions, providing secure, compliant, and borderless solutions."
Klickl Solutions: Building an Efficient, Secure, and Compliant Fund Flow System
Headquartered in the UAE, Klickl is a leading Web3 open finance platform in the Middle East and Africa (MEA) region. It offers a range of services including digital wallets (Klickl4U), institutional accounts (KlicklONE), payments (KlicklPay), cryptocurrency trading (Klickl Exchange), stablecoin solutions, and custody services, helping users seamlessly access the Web3 economy.
Klickl's payment gateway provides efficient and secure fund flow services to SOLAAX by integrating blockchain technology with fiat payment capabilities.
l Multi-currency coverage, breaking geographical limitations: With the Klickl payment system, global event organizers can simultaneously accept payments in over 50 mainstream fiat currencies and cryptocurrencies (such as BTC, ETH, USDT), covering key markets in the Middle East, Africa, Europe, and Asia.
l Real-time settlement, enhanced fund efficiency: Klickl's blockchain technology effectively improves the efficiency of cross-border payment settlements, reduces payment fees, and addresses the pain points of long collection cycles and high exchange rate losses in traditional entertainment events.
l Seamless compliance integration: The Klickl payment system is equipped with an AI-driven smart compliance engine that verifies the KYC information of both parties in real-time, automatically generating audit reports that comply with UAE AML/CTF regulations and the EU MiCA framework, ensuring that events always meet local compliance requirements.
At the same time, the integration of the Klickl 4U digital wallet system** builds a deep operational infrastructure for SOLAAX.** Users can manage multiple accounts, including fiat accounts, digital accounts, and global accounts, through the Klickl wallet's multi-currency account, enjoying a seamless digital financial experience with quick currency purchases, instant currency exchanges, spot trading, internal transfers, and financial consumption.
This collaboration is not only a strategic layout for Klickl in the Web3 and cryptocurrency payment fields but also an important step for Klickl in promoting global cryptocurrency access and facilitating the integration of traditional finance and digital assets. In the future, Klickl will continue to focus on providing innovative, convenient, and secure digital asset services to global users and continuously drive industry development.
About SOLAAX
SOLAAX is a leading AI-driven, experience-centered, data-driven event and venue management solution provider. SOLAAX provides cutting-edge technical support for enterprises and commercial events, headquartered in the Netherlands, with operational centers in the UAE and Saudi Arabia.
In just two years, SOLAAX has achieved remarkable success and has become the preferred platform for large global events. With an advanced digital transformation strategy, SOLAAX continues to drive change in the event industry, emphasizing the importance of data analysis and AI automated decision-making, providing seamless and efficient event experiences for organizers and participants.
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