Riyadh - Sharikat Mubasher: PayerMax, a global payment solutions provider, won the ‘Best Payments Solutions Provider of 2024’ award from MEAN Finance magazine for providing exceptional fintech services to clients in the Middle East and Africa (MEA) region.

This award is a testament to PayerMax’s leadership position in payment solutions and reflects its commitment to empowering more businesses and enhancing the digital payment ecosystem across regions, a recent statement revealed.  

MEA Finance Industry Awards recognize financial institutions, technology solutions providers, fintech companies, service providers, and individuals for exceptional achievements, groundbreaking services, and inspirational leadership in delivering innovative products and services.

Wang Hu, Co-founder of PayerMax, said: “We’re very honored to receive the award. It not only recognizes the success of our innovative technologies and regional strategies, but also it is the perfect testimonial of how our team thrives to create superior values for our clients, and we look forward to more cooperation with more partners.”

He affirmed the company’s dedication to strengthening its presence and deepening its efforts in the Middle Eastern market.

In September, PayerMax obtained the Payment Technical Service Provider (PTSP) certification from Saudi Payments, on behalf of the Saudi Central Bank (SAMA), becoming the first Asian fintech company to open a regional headquarters in Riyadh.

The PTSP certification enables PayerMax to operate within the Saudi financial ecosystem, providing merchants across the country with secure, flexible, and efficient payment solutions.

Headquartered in Singapore, PayerMax’s wide network supports a wide range of over 600 payment methods, more than 70 transaction currencies, and over 20 local languages, catering to diverse global user payment preferences.