PayTabs partners with MEPS to drive SME growth in Palestine

By Delisha Fernandes

PayTabs Group, a payment solutions provider, has signed an agreement with Middle East Payment Services (MEPS) to power digital payments in Palestine.

The partnership aims to enable and empower small and medium merchants, ecommerce entrepreneurs, webpreneurs and creators in Palestine with simple and trusted payment solutions to be able to sell over the internet or social media.

Sami Abu Yousef Vice Chairman of the Board of Directors of MEPS Palestine, said, “We are pleased to collaborate with PayTabs because of its importance in facilitating and accelerating e-commerce business for owners of small projects, e-commerce sites, and virtual stores through social media sites, as this service contributes to the promotion and expansion of sales operations, as well as the variety of electronic payment mechanisms, including the acceptance of all types of international payments.

PayTabs, along with MEPS Palestine, aims to achieve these objectives by facilitating seamless online payments, recurring payments, electronic invoicing, and accepting business payments in US dollars, Jordanian Dinars, and the local currency. The full stack technology deck and capabilities of PayTabs aim at allowing more flexibility in payment acceptance, especially via Visa and MasterCard payment options.

Eyad Musharbash, Regional General Manager for Levant & Southern Gulf PayTabs, said, “PayTabs is honoured to enter the Palestine market. Web commerce in the market is at the cornerstone of development, and we are privileged to be part of this journey with SME businesses, inventors, creators, and entrepreneurs. As MEPS global payment solutions partner, we are determined to continue innovating to fill the regional FinTech gap by leveraging the massive potential of the Palestinian market and the Levant region. It gives us a deep sense of purpose to contribute to the growth of the developing economy of Palestine.”