Paymob enters Pakistan digital payments market

The company follows its expansion plan after a rapid growth in its home market, Egypt, and after the entry in Jordan and Kenya, servicing local merchants including LG, Samsonite, Uber, Virgin Records, and tens of thousands of SMEs.

With a population of over 200 million inhabitants and over 4 million SMEs, Paymob’s market opportunity is significant. The company aims to bridge the digital financial gap and meet local merchants’ desire for local expansion and growth. Its innovative technologies offer instant onboarding features for the first time in Pakistan, through products like payment gateways, POS, and SoftPOS.

Paymob also plans to extend its tap-on-phone payment acceptance mechanism service, in collaboration with Mastercard, to Pakistan merchants. 

Launched in 2015, the company offers various products and APIs, enabling online businesses and offline store merchants to accept and send payments, potentially helping their ecommerce businesses grow and expand.

the paypers logo

The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.

 

The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.

 



No part of this site can be reproduced without explicit permission of The Paypers (v2.7).

Privacy Policy / Cookie Statement

Copyright