Foodics and Paymob partner to fuel digital transformation of Egypt’s F&B sector

  • Date: 22-Nov-2022
  • Source: Zawya
  • Sector:Agriculture
  • Country:Egypt
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Foodics and Paymob partner to fuel digital transformation of Egypt’s F&B sector

Cairo, Egypt: Foodics, the leading restaurant management solution in MENA and Paymob, the leading financial services enabler in the MENAP region, announced today that they have signed a partnership agreement in cooperation with Banque Misr, as the acquiring bank, to empower the food and beverage sector in Egypt to thrive in the digital economy, in line with the country’s Vision 2030.

The partnership will integrate Foodics’ restaurant management system (RMS) with Paymob’s point of sale (POS) devices, creating a seamless end-to-end solution for restaurant operators and their customers. This is the first of its kind backend wireless API integration for Egypt’s F&B sector. The collaboration will enable Foodics restaurants to expand their acceptance of all types of card payments using Paymob’s POS devices. The integration also addresses two major pain points for restaurants by automating reconciliation and checkout processes to deliver faster order processing and error-free, frictionless checkout experiences.

Belal Zahran, Country Manager, Egypt, at Foodics commented, “Tech enablement and the digital economy are critical factors for the acceleration of the F&B industry’s growth. By bringing Foodics and Paymob together, two regional technology powerhouses, this will serve to modernize the F&B sector in Egypt and advance the shift to cashless payments, fueling