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CASHU moves its regulated business to Singapore

CASHU, one of the leading players in the online payment industry in the Middle East and North Africa (MENA), has announced that it has successfully migrated its regulated business to Singapore and is now regulated under The Monetary Authority of Singapore (MAS). The move, which follows a recent management...
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PAYFORT announces START, a payment gateway solution for start-ups

PAYFORT, the Arab world’s leading online payment service provider, today announced two trail-blazing solutions to help businesses in the Middle East and North Africa (MENA) meet the region’s online payment challenges. PAYFORT START, provides start-ups and small and medium-sized enterprises (SMEs)...
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PAYFORT Acquires White Payments To Target The Startup Industry

PAYFORT, today announced the acquisition of White Payments, a new online payments solution focused on providing easy-to-use online payment applications for start-ups and small businesses. PAYFORT will use White Payments’ platform to create a new program to allow start-ups and small businesses fast-track...
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PAYFORT Launches pay@store Service in Egypt

PAYFORT, the leading online payment service provider in the Arab world, announced yesterday the launch of its pay@store service in Egypt. The new service will help to bring the benefits of online shopping to millions of unbanked Egyptians, all while boosting Egypt’s e-commerce industry by allowing...
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How PayTabs Aims At Boosting eCommerce In The MENA Region

PayTabs, a company co-owned by Saudi Aramco Entrepreneurship Ventures (Wa’ed), aims to revolutionize eCommerce in the region that is evolving to be a significant contributor to economic growth. The company is all set to launch its payment processing solutions in Bahrain, Saudi Arabia and the rest...
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ecommerce growth global

The First Arab World Online Payment Report 2014

While the internet penetration and e-payment rates are relatively low in the Arabic-speaking world, online shopping has been showing remarkable growth thanks to increasing credit card penetration and high percentage of the youth in total population. Fueled further by internet penetration of over 35%...
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Telr: The New Revolution In Payment Gateway

Elias Ghanem - Ceo & Co-founder Telr is the new kid on the crowded payment industry block offering payment gateway services. As the industry has its fair share of  big boys (i.e. PayPal), young upstarts (i.e. Stripe) and many more, why would another rival matter? Or why would someone...
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Payment Gateway and Startups

How the payment gateway makes or breaks a startup

When I was attending the Digital Cream event earlier this year in Dubai, I got a chance to talk to a few bright and innovative minds behind a bunch of novel startups that have mushroomed in the Middle East lately. Ranging from providing a cyber market place to the home businesses in the Gulf to providing...