Finance solution provider PayTabs Egypt partnered with industry peer Souhoola on Monday, to offer buy now pay later (BNPL) payment method for PayTabs Egypt merchants by increasing the range of payment options offered online.
The payment processing company said it is integrating Souhoola’s BNPL solution into the multiple payment solutions available for customers on e-commerce merchant’s payment pages and meeting the growing demand to deliver convenient payment choices.
The firm said this collaboration will provide consumers with a seamless shopping experience while offering e-businesses access to payment.
“Souhoola is committed to empowering consumers and merchants alike with flexible and accessible payment options, together with PayTabs Egypt, we look forward to contributing to a seamless and enjoyable shopping experience for all,” said Ahmed Al-Shanawany, Executive Chief of Souhoola.
Earlier this month, PayTabs Group collaborated with financial service provider Nearpay to integrate Nearpay’s innovative ‘Tap to Phone’ technology into the PayTabs Touch app.
PayTabs Group, in 2023, launched its card issuing solution PayTabs Issuance for its PayTabs Orchestration service to empower companies, across the market to become self-reliant in money transaction technology.
Digital payment solutions provider PayTabs Egypt is a joint venture between PayTabs Group and EFG Holding, Universal Bank in Egypt with a leading Investment Bank franchise.
The firm specializes in multiple digital payment options, white labeling platforms, and a range of e-commerce, m-commerce, and social commerce solutions.
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