Foodics, a restaurant management solution in MENA, and Paymob, a financial services enabler in the MENAP region, signed a partnership agreement in cooperation with Banque Misr.
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.
“Our partnership with Foodics creates an innovative ecosystem that serves to drive the growth of the F&B market in Egypt. By integrating our products into one bundled solution, we play a central role in empowering restaurant operators across the country to increase efficiency and accelerate their adoption of digital payments acceptance while ultimately growing their sales volumes,” Gillan Shaaban, CCO of Paymob, said.
The collaboration will also enable Foodics’ restaurants to expand their acceptance of all card payments using Paymob’s POS devices. This will enable restaurants to automate reconciliation and checkout processes to deliver faster order processing and checkout experiences. The restaurant management solution raised $170 million earlier this year in a Series C round.
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