The National Small and Medium Enterprise Development Initiative has been launched by the Qatar Development Bank (QDB), which is a fantastic opportunity for those with ideas for ongoing projects. This initiative has been successful in making it possible for anyone to easily own and manage their own projects.

The initiative was supported by the Ministry of Commerce and Industry, which issued licences to the owners of the projects. The Qatar Chamber of Services provided additional assistance in organising product marketing exhibitions, which aided in the business's promotion and legal administration.

• Get intensive training courses
• Get professional consultancy
• Access to legal and commercial facilities related to licenses
• Get the advantage of displaying projects in various Qatar fairs
• Get the promotion of projects inside and outside Qatar

From the beginning of business pioneers to money, to strengthening the national economy, to fostering a culture of free enterprise among citizens, all of the aforementioned has had a wonderful impact on a variety of levels.

Despite having all these advantages, the project's owners still faced some challenges that threatened to endanger their ability to operate and survive in the market. Finding an affordable tool to help manage billing, product publishing, and electronic promotion is also necessary, as is finding a suitable way to interact with the public. All of these challenges remained unresolved prior to 2018.

What is SADAD Payment Solutions?

An electronic application from Qatar is called SADAD. It is intended to make financial transactions for both people and businesses easier. The goal of SADAD is to make e-commerce easier for users by submitting a mobile phone-managed smart application.

The SADAD electronic application is the first of its kind to submit such high-value financial transactions in the Middle East. Users of SADAD do not have to collect money using conventional methods or wait in a long bank line. A SADAD user will only launch the application once, then immediately complete all of his financial transactions.

The SADAD app makes it simple for owners of home projects to manage their financial transactions. Their products can be published on the SADAD online store. Additionally, they can manage their bank account, create and send bills, and transfer money.

 How Home Based Business Owners Can Benefit From SADAD Payment Solutions?

 In 2015, the National Initiative for the Development of Home Projects made its debut. The project's primary goal was to revitalise Qatar's economy by helping entrepreneurs develop small and medium-sized projects. Since the initiative's inception, it has been a success, and the Qatari Chamber of Commerce has hosted a number of well-attended events. the fourth iteration of the national exhibition "Masharena," which was the most recent.

The initiative helps Qatari business owners to start their home projects by:

The event, which is supported by the Qatari government, gives business owners the chance to present visitors with a variety of their products, host their own workshops, and draw industry professionals for ideal networking opportunities.

 All of these benefits could be lost if the customer cannot effectively communicate with the project owners, or if the businessperson discovers that the project has not yet advanced to the point where it is eligible for care. Any customer searching for a product that is secure to use and easy to handle. A project with a chance of success will always attract the investment of a businessman.


If you have a platform, a chance to attract foreigners, and customers but you lose them due to the rigidity of


What does SADAD offer for your project?

 

The National Initiative for the Development of Home Projects is used by workers in the field of fashion, arts and crafts, technology, food and other fields. All of these can benefit from SADAD electronic services as follows:

1-Establishment Of E-Stores

You can quickly build a fantastic online store with SADAD Payment Solutions to show users your products. Details about the product, prices, how much you have, and delivery options can all be added. Additionally, sharing product links via social media is simple.

2-Manage Billing

By SADAD application  you can:

• Design invoices for your business

• Coordinate their own items

• Determination of due dates for invoices

• Export invoices in Excel structured files

• Documenting invoices by date and time in detail

3- Conversion Services

You can quickly transfer money from your SADAD personal account to a person's or a business's account. With SADAD, conversions can be completed in no more than five seconds. You won't subject your clients to lengthy bank processes or illogical routines that waste their time. Simply open the SADAD application, select the transfer section, enter the transfer amount, the name of the receivable, and the phone number, and the transfer will be completed in a matter of seconds.

4- Bank Deposit Services

You won't need to visit the bank with SADAD to add the funds from the deals to your project. You can easily and without paying high fees transfer money from your personal SADAD account to your bank using the flexibility of SADAD. Simply launch the SADAD app, choose the bank deposit section, and make the deposit you want to make.

5- Follow-up Of Applications

You can track the delivery of your products with SADAD Payment Solutions in addition to managing them. You can discover who is connected, which products have been connected, and which connections have been cancelled.

6- Protect Customer Information

You won't need to be concerned about the security of your financial transactions with SADAD. All of your transactions are encrypted to ensure their security and are continuously tracked for 24 hours to make sure they are not at risk.

There is no need to be concerned about losing your money illegally in the event of a financial dispute. Your monetary payments will be held by SADAD and not released until the dispute has been resolved.

7- Alarm Notification

You can stay up to date on all the most recent notifications pertaining to your financial transactions with SADAD. The application will always notify you if the customer receives an invoice, when receivables are paid, when various bank deposits are made, and when products are purchased and delivered.

These features and more are available to you so that you can easily manage your project from home. Simply launch the SADAD application and click a button to manage your project.

 Conclusion

Small and medium-sized businesses are the foundation of any society's rise that is willing to advance. It not only benefits its owner but also has a positive impact on societal economies. In order to help these projects present the best image and offer their customers the best service, they must be accompanied by a tool of comparable value and importance.

SADAD Payment Solutions, the first of its kind in the Middle East and the world's least expensive tool with extremely high quality, is an intelligent, adaptable, and secure tool.