Egypt’s Fintech Paymob Secures Payment Provider Certification In KSA

By  |  May 29, 2023

Paymob, one of the leading financial services enabler in the Middle East, North Africa, and Pakistan (MENAP) has announced that it has secured Saudi Arabia’s Payment Technical Services Provider (PTSP) certification, making it fully operational in the Kingdom. The certification paves the way for Paymob to provide its seamless, secure payment gateway services to merchants in KSA. 

Paymob established its office in Riyadh in April 2023 and is dedicated to having a solid local presence in the Kingdom. The fintech works with businesses and merchants of all sizes. Its omnichannel payment infrastructure allows them to accept payments via various methods. These different options include bank cards, mobile wallets, QR payments, bank cards’ installments, BNPL, and consumer finance payment options. Paymob also has a POS solution for offline merchants where they can receive in-store card payments.

Most Read


Nigeria’s Top Telcos Struggle To Sell Mobile Money In Crowded Market

On Nigeria’s bustling streets, the signs of Nigeria’s fintech boom are everywhere. Small


Fintechs Are Going All In As Stablecoins Quietly Flip The Script In Africa

A quiet revolution is brewing in Africa’s financial sector, and stablecoins are at


Why Egypt And Morocco Can’t Ignore Crypto Anymore

Crypto has become an immovable force in today’s global financial economy. Yet for