Egypt’s Fintech Paymob Secures Payment Provider Certification In KSA
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.
