Paymob brings Apple Pay for merchants revolutionizing digital payments in Egypt

GHADA.ISMAIL
Dec 19, 2024

Cairo – Sharikat Mubasher:  Paymob, the leading financial services enabler in the Middle East and North Africa (MENA), announced that its extensive merchant network in Egypt can now accept Apple Pay.

According to an official press release, this development enables consumers to use their Apple devices to make seamless and secure purchases in-store, in-app, and online, marking a major milestone in Egypt's digital payments landscape following the recent introduction of Apple Pay in the country.

Through Paymob’s integration with Apple Pay, merchants across Egypt can now offer their customers a secure, private, and easy payment experience. To pay in stores, customers can simply double-click the side button and hold their iPhone or Apple Watch near a payment terminal to complete a contactless transaction. Each Apple Pay purchase is safeguarded by authentication methods such as Face ID, Touch ID, or a device passcode, combined with a one-time dynamic security code.

In addition to in-store payments, customers can use Apple Pay on iPhone, iPad, and Mac for faster and more convenient transactions in apps or on merchant websites that support the platform, without the need to create accounts or repeatedly enter card details, shipping, and billing information.

For merchants, the adoption of Apple Pay offers several benefits, including reducing cart abandonment, increasing sales, and meeting consumer demand for modern digital payment options. This launch aligns with Paymob’s mission to empower businesses of all sizes to thrive in the digital economy by providing access to advanced technologies that enhance sales and improve customer experiences.

Mina Makar, VP of Product at Paymob, commented: “This is a pivotal moment for Egypt's payments landscape. With Apple Pay now available, merchants have access to a solution loved by consumers globally. The widespread adoption of Apple Pay today demonstrates its transformative potential. At Paymob, we are committed to enabling businesses to tap into this market potential, driving their growth and success in the digital economy.”

Paymob was the first fintech company to receive the Central Bank of Egypt’s (CBE) Payments Facilitator license in 2018. It remains the region’s most comprehensive payment provider, offering merchants access to over 50 payment methods and enabling seamless payment acceptance across multiple channels.


Share

Related News

PayTabs Group completes acquisition of majority stake in PayTabs Egypt
News
Calendar Icon
March 6, 2025
PayTabs Group completes acquisition of majority stake in PayTabs Egypt
readmore
Tamara Finance gets nod to provide consumer finance, BNPL services
News
Calendar Icon
March 4, 2025
Tamara Finance gets nod to provide consumer finance, BNPL services
readmore
Visa, MDP join forces to boost Egypt's fintech sector
News
Calendar Icon
February 26, 2025
Visa, MDP join forces to boost Egypt's fintech sector
readmore
Alinma Bank, IBM launch Next-Gen API Platform to advance Saudi Fintech
News
Calendar Icon
February 23, 2025
Alinma Bank, IBM launch Next-Gen API Platform to advance Saudi Fintech
readmore
Trevi launches in Egypt, blending digital payments with unmatched perks
News
Calendar Icon
February 20, 2025
Trevi launches in Egypt, blending digital payments with unmatched perks
readmore
SahamAlgo unveils ‘Shahry Algo’ feature at LEAP 2025
News
Calendar Icon
February 17, 2025
SahamAlgo unveils ‘Shahry Algo’ feature at LEAP 2025
readmore
Saudi’s Lite secures $3.2 funds during LEAP 2025
News
Calendar Icon
February 13, 2025
Saudi’s Lite secures $3.2 funds during LEAP 2025
readmore
Awaed launches trading in Saudi Stock Market at LEAP 2025
News
Calendar Icon
February 12, 2025
Awaed launches trading in Saudi Stock Market at LEAP 2025
readmore
Tulbah: ProBuy utilizes AI to streamline SME financing
News
Calendar Icon
February 11, 2025
Tulbah: ProBuy utilizes AI to streamline SME financing
readmore
Al Yusr Financing to introduce new digital financing products soon
News
Calendar Icon
February 10, 2025
Al Yusr Financing to introduce new digital financing products soon
readmore