MENA-focused Paymob strengthens Apple Pay service in Egypt

Cairo – Mubasher: Paymob, the leading financial services enabler in the MENA region, has enabled its merchant network to accept Apple Pay in Egypt, according to a press release.

Paymob will allow its consumers to use their Apple devices to seamlessly and securely make purchases in-store, in-app, and online.

This marks a remarkable transformation in the country’s digital payments landscape, following the recent launch of Apple Pay in Egypt.

To pay in-store, customers double-click the side button and hold their iPhone or Apple Watch near a payment terminal to make a contactless payment.

Every Apple Pay purchase is secure because it is authenticated with Face ID, Touch ID, device passcode, and a one-time unique dynamic security code.

For merchants, Apple Pay lowers cart abandonment, increases sales, and secures a payment solution that meets consumer demand for modern digital convenience.

Mina Makar, VP of Product at Paymob, commented: “With Apple Pay now available, merchants have access to a solution loved by consumers globally.”

It is worth highlighting that Paymob was the first fintech company to receive the Central Bank of Egypt’s (CBE) Payments Facilitator license in 2018. 

Mubasher Contribution Time: 22-Dec-2024 07:12 (GMT)
Mubasher Last Update Time: 22-Dec-2024 07:12 (GMT)