Latest news with #Paymob
Al Bawaba
3 days ago
- Business
- Al Bawaba
Exclusive Partnership Between dubizzle and Paymob to Enhance User Experience and Advance Digital Payment Services
dubizzle (formerly OLX), Egypt's top online classifieds platform in Egypt and the MENA region, has announced a strategic partnership with Paymob, the leading financial services enabler in the MENA. By leveraging Paymob's advanced infrastructure and secure technology, this exclusive collaboration aims to streamline and empower digital payment capabilities across dubizzle's comes as part of dubizzle's ambitious vision to enhance its digital services and continuously elevate the user experience by offering flexible and secure payment solutions. These solutions aim to improve the platform's efficiency and keep pace with the rapid advancements in financial technology, aligning with the evolving needs of both the Egyptian and regional users will also be able to access instant digital payment options when purchasing featured ads, accelerating processes, and increasing efficiency for individuals, business owners, and commercial partners alike. The partnership was signed by Rayane Imad, Head of Advertising & Strategic Partnerships at dubizzle Egypt, and Gillan Shaaban, CCO at newly integrated e-payment service will also offer exclusive benefits tailored to merchants and small to medium-sized enterprises (SMEs), including customized financial solutions and promotions such as; card payments, Buy Now Pay Later plans and payment links, that enhances their digital presence. These tools are designed to streamline operations and provide advanced payment technologies that enable effective promotion of their products and services on dubizzle, ultimately boosting their market competitiveness. This partnership reflects dubizzle's vision as a customer centric platform, creating convenience and value for its users which positions dubizzle as a leading digital classifieds platform by offering forward-looking, world-class services. It reflects the company's support to Egypt and the region's shift towards a fully digital economy. This collaboration aligns with Dubizzle's approach of partnering with technology-driven players, in line with its vision to deliver innovative and efficient solutions that address local market needs and meet user expectations.
Zawya
3 days ago
- Business
- Zawya
Exclusive partnership between dubizzle and Paymob to enhance user experience and advance digital payment services
Cairo – dubizzle (formerly OLX), Egypt's top online classifieds platform in Egypt and the MENA region, has announced a strategic partnership with Paymob, the leading financial services enabler in the MENA. By leveraging Paymob's advanced infrastructure and secure technology, this exclusive collaboration aims to streamline and empower digital payment capabilities across dubizzle's platform. This comes as part of dubizzle's ambitious vision to enhance its digital services and continuously elevate the user experience by offering flexible and secure payment solutions. These solutions aim to improve the platform's efficiency and keep pace with the rapid advancements in financial technology, aligning with the evolving needs of both the Egyptian and regional markets. dubizzle users will also be able to access instant digital payment options when purchasing featured ads, accelerating processes, and increasing efficiency for individuals, business owners, and commercial partners alike. The partnership was signed by Rayane Imad, Head of Advertising & Strategic Partnerships at dubizzle Egypt, and Gillan Shaaban, CCO at Paymob. The newly integrated e-payment service will also offer exclusive benefits tailored to merchants and small to medium-sized enterprises (SMEs), including customized financial solutions and promotions such as; card payments, Buy Now Pay Later plans and payment links, that enhances their digital presence. These tools are designed to streamline operations and provide advanced payment technologies that enable effective promotion of their products and services on dubizzle, ultimately boosting their market competitiveness. This partnership reflects dubizzle's vision as a customer centric platform, creating convenience and value for its users which positions dubizzle as a leading digital classifieds platform by offering forward-looking, world-class services. It reflects the company's support to Egypt and the region's shift towards a fully digital economy. This collaboration aligns with Dubizzle's approach of partnering with technology-driven players, in line with its vision to deliver innovative and efficient solutions that address local market needs and meet user expectations. About dubizzle Egypt (formerly OLX): dubizzle Egypt is the country's top online classifieds platform, offering innovative solutions for buying and selling across various sectors, including properties, automotives, jobs, electronics, furniture, and services. Available via mobile app and web, the platform delivers an integrated, user-friendly experience powered by advanced tools. Trusted by leading companies in Egypt, dubizzle provides detailed performance analytics and premium customer support. The platform attracts over 17 million visits per month.
Zawya
19-02-2025
- Business
- Zawya
New Fintech App "Trevi" enters Egyptian Market with vision to transform digital financial landscape
Trevi's CEO: The app targets to reach 11.4 million potential users in Egypt over the next 5 years. Trevi focuses on empowering users through innovative loyalty programs aligned with everyday spending habits. Cairo – Trevi, a newly launched e-payment and loyalty app, is set to transform Egypt's digital financial landscape with seamless, secure, and rewarding transactions. As the demand for digital financial services grows, Trevi reinforces the government's drive toward financial inclusion, providing cutting-edge solutions tailored to the needs of today's digital consumers. Ensuring secure transactions, Trevi partners with Paymob to support payments via debit cards, credit cards, ValU, and QR codes, with NFC integration coming soon. Through this, Trevi delivers a seamless digital payment experience, offering instant cashback & rewards with no cap, exclusive lifestyle perks, and personalized financial insights. Users can also manage household spending through the Family Wallet feature. Antony Sobhy, CEO of Trevi and a recognized expert in financial solutions and loyalty programs across the EMEA region shared his insights on the company's mission: 'Trevi is transforming how consumers manage their finances by combining secure transactions with innovative loyalty programs tailored to their spending habits. With projections that Egypt's fintech & Digital Payments' market will reach $157.86 billion by year 2029, "Trevi" is entering the Egyptian market at a pivotal time, targeting 11.4 million potential users over the next 5 years. With projections of reaching $2.8 billion total payments from the abovementioned potential users by 2029. As we establish ourselves in Egypt, we are also gearing up for regional expansion into Jordan, Saudi Arabia, UAE, Lebanon, Morocco, Libya, and Iraq, contributing to fintech growth and innovation across the North Africa and Levant (NALP) region, and aiming to keep empowering our users.' Trevi stands out by partnering up with a wide range of merchants—including fine dining, jewelry, fashion, electronics, and grocery retailers. It allows users to enjoy exclusive access to events, activities, and concierge services through Trevi Lifestyle, further elevating their experience. Users can also book flights and other travel services, receiving immediate perks for their bookings. Trevi continues to prioritize user security while expanding its features. Upcoming updates include Trevi Spaces for managing shared expenses, a Save Now Pay Later (SNPL) feature to protect against inflation, and Lending & Leasing services for mortgages, car loans, education, and weddings.
CairoScene
30-01-2025
- Business
- CairoScene
Paymob and Woo Partner to Expand Digital Payments for MENA Merchants
New integration simplifies payments for regional e-commerce businesses. Jan 30, 2025 Paymob, an infrastructure technology enabler has partnered with Woo, a leading ecommerce platform, becoming the first preferred payment provider for Woo in the MENA region. The integration embeds Paymob's checkout experience directly into the WooCommerce Marketplace, allowing merchants to seamlessly access a wide range of digital payment options. More than 50 global and local payment methods, including Apple Pay, Google Pay, and region-specific alternatives, are now available to businesses using WooCommerce. The payment solution is designed for mobile optimization and includes embedded 3D Secure authentication and PCI compliance to enhance security. Processing times have been streamlined, with next-day settlements (T+1) for most payment methods and instant settlements in select markets. Additional features, such as multi-currency support and retry options for failed transactions, aim to improve payment success rates and overall customer satisfaction. As part of the partnership, Paymob will soon be integrated into Woo's onboarding process, making it easier for new merchants to set up digital payments. The collaboration comes at a time of rapid e-commerce expansion in the MENA region, where the market is projected to reach $50 billion by 2025. Growth is being driven by increasing smartphone penetration, a young and tech-savvy population, and rising demand for digital payment solutions. Small and medium-sized enterprises (SMEs) are a critical force behind this expansion but often face challenges in scaling their businesses. The partnership seeks to equip SMEs with accessible and transformative digital tools that support their growth and financial inclusion. Founded in 2015, Paymob currently serves 390,000 merchants across the MENA region, providing payment solutions through its gateway, POS terminals, and Paymob app.
Zawya
30-01-2025
- Business
- Zawya
Paymob, Woo forge partnership to boost e-commerce in MENA
Paymob has entered a landmark strategic partnership with Woo, the open-source e-commerce platform, to reshape the e-commerce landscape in the MENA region. Paymob became Woo's first preferred partner to launch in the region, embedding its services into the WooCommerce Marketplace, according to a press release. The partnership will offer seamless access for merchants to leverage a comprehensive suite of digital payment solutions. Through Paymob Checkout, merchants can integrate more than 50 global and local payment methods into their WooCommerce stores, including Apple Pay, Google Pay, and regional alternatives. Merchants also benefit from fast payment processing, with next-day settlements (T+1) for most methods and instant settlements in select markets. Such developed features, like multi-currency support and retry options for failed transactions, boost higher payment success rates and improve customer satisfaction. The integration will simplify store activation and enable users to start accepting payments quickly and efficiently. Omar El Gammal, EVP of Global Business Development at Paymob stated: 'Our partnership with WooCommerce is a major step forward in our mission to enable regional SMEs with transformative digital tools.' Web Griebel, General Manager of Payments at Woo, commented: 'We're excited about strengthening our partnership with Paymob to offer merchants in MENA a streamlined solution that helps them securely scale their businesses.' Karl Stjernstrom, Vic President of Global Alliances at Paymob, added: 'This integration with Woo reflects our focus on forging strategic alliances that drive innovation and unlock new growth opportunities for Paymob merchants in the MENA region and beyond.' MENA's e-commerce market is expected to grow to $50 billion by 2025, driven by increasing smartphone penetration, a growing young population, and rising demand for digital payment solutions. In December 2024, Paymob allowed its merchant network to accept Apple Pay in Egypt.
