Wameed vs Geidea: when "free POS" is and is not free

Geidea comes at the point of sale from payments. The software fee is waived once your monthly card sales pass a threshold — commonly quoted around SAR 15,000 — and the company earns on processing instead. This is a legitimate model and for some shops it is the cheaper one. Working out whether yours is one of them takes ten minutes with a calculator.

Figures below are researched from public sources in August 2026; payment rates change and are negotiable, so confirm yours in writing.

The two cost models

Geidea: software SAR 0–115/month, waived above the sales threshold. Payments around 0.8% on mada (the regulated cap applies) and roughly 1.75–3% on credit cards, per third-party figures.

Wameed: flat subscription of SAR 200 / 349 / 699 per month. Payments through EdfaPay at mada 0.8% capped at SAR 40 per transaction, settling directly to your own store account. Wameed's share of that is 0.1–0.2%.

A worked example

Take a shop doing SAR 200,000 a month, 70% mada and 30% credit.

Geidea: software SAR 0. Payments: SAR 140,000 × 0.8% = SAR 1,120, plus SAR 60,000 × ~2.4% = SAR 1,440.Total ≈ SAR 2,560.

Wameed: software SAR 349. Payments: the mada rate is the same 0.8% and capped at SAR 40 per transaction, so on an average basket of SAR 120 you pay the percentage, not the cap — SAR 1,120. Credit at comparable rates ≈ SAR 1,440.Total ≈ SAR 2,859.

On those numbers Geidea is cheaper by about SAR 300 a month. Now change one assumption: a shop with a high average basket. At an average basket of SAR 900, the SAR 40 mada cap starts biting on every transaction and the arithmetic moves. And a shop with mostly cash sales pays Geidea's software fee because it never crosses the card threshold.

The rule of thumb: the more of your revenue runs through cards, the better a payments-funded model looks. The more it runs through cash, bank transfer or high-value baskets, the better a flat subscription looks.

What you are also choosing between

Cost is not the only axis, and a payments-funded POS ties two decisions together that you may want to keep separate. If you ever want to change payment providers — for a better rate, better settlement timing, or better service — a POS that is freebecause of the processor is expensive to leave.

Wameed's EdfaPay integration settles to your own store account rather than passing through us, and the POS is not contingent on it.

Feature comparison

From the August 2026 audit, Geidea covers: cloud POS, marketplace, menu management, dashboards, reporting, inventory, table management, timed events, coupons, delivery zones and management, gift cards, promotions, loyalty, API access, mobile POS, kitchen management, SoftPOS and ZATCA Phase 2.

Where Wameed adds:

• Full offline mode with on-device ZATCA signing, including a browser cashier that works disconnected
• Web cashier — Geidea does not have one
• Digital receipts over WhatsApp, SMS and email
• Business intelligence — forecasting, anomaly detection, pricing and shrinkage analysis
• Labour management and HCM — scheduling, attendance, staff documents, training, commissions
• Supply chain — purchase orders, goods receipt, transfers, multi-warehouse
• Industry modes — pharmacy, jewellery, electronics, florist, bakery
• Cashier languages — Urdu, Bengali, Pashto
• BNPL at the counter — Tabby, Tamara, MisPay, Madfu
• Split checks — by item, equal or custom
• Customer module — Geidea's is limited

Where Geidea is ahead: delivery zones and own-fleet delivery management, and multi-brand handling.

The question to ask Geidea

"If my card volume drops below the threshold for two months, what do I pay?" And: "What is my rate after the first year, and is it fixed?"

Both are fair questions and a good vendor answers them in writing.

The question to ask us

"What am I paying in year three?" The answer is the subscription plus mada at 0.8% capped at SAR 40, settling to your account. If that is more than Geidea's model costs you, Geidea is the right choice and we would rather you worked that out now.

Full matrix on thecomparison page. Payment detail on theintegrations page.