Riyadh - Sharikat Mubasher: The renowned payments service provider Paymob expanded its partnership with Shopify, the leading commerce platform, to launch embedded card and wallet payments in the Middle East and North Africa (MENA) region, according to the company’s statement.
This move makes Paymob the first regional payment service provider (PSP) to offer embedded checkout experiences to merchants in MENA.
Paymob also introduced digital merchant onboarding which reduces the time it takes for a business to start accepting payments by streamlining data collection, verification, and compliance checks. Paymob merchants in MENA can now launch fully operational e-commerce stores within 48 hours of onboarding.
Omar El Gammal, EVP of Global Business Development at Paymob, said: “Our embedded payments offering and digital onboarding will fuel this market boom and enable more MENA merchants to grow their businesses in the digital economy. As the first regional PSP to offer these experiences, merchants know they can trust Paymob to offer localized, secure, cutting-edge solutions.”
Paymob is a leading omnichannel payment infrastructure provider in the Middle East, North Africa, and Pakistan (MENAP) that serves 250,000 merchants in Egypt, KSA, UAE, Oman, and Pakistan.
