PayTabs Group, MENA’s payments powerhouse revealed it is set to cross SAR200 billion in payment processing volumes by 2025.
This exponential growth is attributed to its payment orchestration platform, private labelling solutions and super app scaling businesses across the MENA region.
This aligns with the company’s ambitious goal of achieving 200% to 400% year-on-year growth across established and emerging markets in the MENA region. PayTabs expansion plans include scaling their core payment and orchestration platform operations further in the region while working with central banks and large cards schemes this year.
PayTabs orchestration platform has the ability to manage and process billions in payment volumes across the region, effortlessly per second through servers located inside the Kingdom of Saudi Arabia, UAE, Egypt, and other Arab countries.
Speaking at 24Fintech, Abdulaziz Al Jouf, PayTabs Group CEO and Founder, stated,
‘We are proud to be the leading partner for enterprises and governments, looking to streamline their payment processes and foster growth. We invite all businesses to visit us at 24Fintech to experience in real-time how our orchestration platform and super app is driving the regions payment economy.”
The company has operated in the GCC & Middle East markets for a decade building and owning IP rights across payment core banking infra that enables governments and corporates to create their own independent and stand-alone payment platforms.
Featured image credit: Abdulaziz Al Jouf, PayTabs Group CEO and Founder
