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page: 1 / 10 Embitel Technologies March 2016 International presence: Best online payment gateway services in the Middle East – a comparison

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Page 1: Best online payment gateway list - Middle east

page: 1 / 10 Embitel Technologies March 2016 International presence:

Best online payment gateway services in the

Middle East – a comparison

Page 2: Best online payment gateway list - Middle east

page: 2 / 10 Embitel Technologies March 2016 International presence:

• If you’re following ecommerce trends and statistics in the Middle East, you’ll know the sector has immense scope and is already witnessing rapid growth.

• See Ecommerce trends in the UAE and rest of the Middle East

• To support this surge, local online payment gateway providers are increasing in the Middle East.

Best online payment gateway services in the Middle East – a comparison

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Best online payment gateway services in the Middle East – a comparison

Benefits of integrating a payment gateway provided by a Middle-East based company: • Easier to transact in local currencies (Emirati dirham, Saudi riyal, Bahraini dinar…). • Reduces the time taken to integrate and implement the payment gateway, an

otherwise lengthy procedure due policies that haven’t kept up with the need for ecommerce.

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Best online payment gateway services in the Middle East – a comparison

An analysis and comparison of the top companies that provide the online payment gateway services in the Middle East. Read and decide which suits your business best:

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Best online payment gateway services in the Middle East – a comparison

PayTabs – a Bahrain-based payment gateway service provider • Operations and services spread across the Middle East (Saudi Arabia, United Arab

Emirates, Bahrain, Egypt, Qatar, Kuwait…).

• Two differentiating features of PayTabs: - Payment gateway integration and activation on your digital commerce webstore in as little as 24 hours. - Only payment gateway provider from the Middle East to offer integration with SADAD accounts-Saudi Arabia’s national bill presentment and payment system that allows customers to pay with one touch of a button.

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Best online payment gateway services in the Middle East – a comparison

Network International LLC – a Dubai-based payment services and solution provider • Incorporated in 1994, HQ in UAE, Network International is a complete

payment solutions company. It is chosen as a payment gateway partner mostly by the large businesses and conglomerates of the Middle East due to the high security deposit requirement.

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Best online payment gateway services in the Middle East – a comparison

Telr Innovate payments – a one-stop ecommerce solution for emerging markets of MENA • In 2014, two UAE-based payment gateway companies announced a merger to

concentrate their efforts in the Middle East region and thus Telr Innovate was born.

• With its transaction-based licensing model and low upfront costs, this gateway attracts startups, and midsize and small businesses in the Middle East and North Africa (MENA) region and other emerging markets in Southeast Asia.

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Best online payment gateway services in the Middle East – a comparison

Payfort – a trusted online payment gateway in the Middle East • One of the most popular payment gateway providers in the Middle

East, Payfort processed $817 million worth transactions in its first year of operations in 2014.

• Their setup fees make them appealing to small and medium businesses and they provide additional services such as protection from fraud at an additional cost.

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Best online payment gateway services in the Middle East – a comparison

2Checkout – a leading global payment platform with localized payment options • Though it is based in the USA, 2Checkout is popular in the

region as it accepts payments globally, in 87 currencies and 15 languages.

• But transaction costs are high, so SMEs (small and medium enterprises) may face budget constraints.

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page: 10 / 10 Embitel Technologies date: 14-12-08 International presence:

Embitel Technologies provides the best-in-class ecommerce implementation on

the leading platforms of Magento, Magento 2, & hybris.

Read about our implementation for leading brands of the Middle East:

- Malabar Gold & Diamonds: Implementation and Managed IT Services

- Jarir Bookstore: ERP & UX issues and Going Omnichannel

- Mumzworld: Multivendor marketplace on Magento

To partner with Embitel for setting up an ecommerce business in the Middle

East, mail us at [email protected]