Cairo-Headquartered Paymob Receives The Saudi Payments PTSP Certification, Becoming Fully Operational In Saudi Arabia
- Date: 18-May-2023
- Source: Entrepreneur Middle East
- Sector:Financial Services
- Country:Egypt
Cairo-Headquartered Paymob Receives The Saudi Payments PTSP Certification, Becoming Fully Operational In Saudi Arabia
Following opening its office in Riyadh in April and receiving the Saudi Payments PTSP certification in May 2023, Cairo-headquartered omni-channel payments facilitator Paymob can now officially launch its operations in the kingdom.
The PTSP certification paves the way for Paymob to provide its seamless, secure payment gateway services to merchants in KSA.
"Obtaining the PTSP certification in Saudi Arabia is a significant accomplishment for us," says Islam Shawky, co-founder and CEO of Paymob. "It reflects Paymob's commitment to our KSA expansion plans while serving merchants and entrepreneurs across the Kingdom to support their growth with cutting-edge financial technology solutions. We are excited to contribute to the emerging fintech ecosystem in Saudi Arabia and to play our part in driving the Kingdom's digital transformation outlined in Vision 2030."
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