GrubTech and Paymob partner up to disrupt Egypt’s F&B payment ecosystem

GrubTech and Paymob partner up to disrupt Egypt’s F&B payment ecosystem

GrubTech and Paymob signed a partnership agreement that will help thousands of restaurants, cafes and cloud kitchens in Egypt to modernize their operations and efficiently manage their payment systems.

“We’ve seen the chaos in the kitchen, and we fixed it using our all-in-one platform. Restaurants who used to wrestle with fragmented solutions and had to grapple with the burden of managing multiple vendors and disjointed data, now experience a massive shift in operational efficiencies and increase in sales. And that will only get better as we combine it with Paymob’s expertise in digital payment solutions,” said Mohamed Al Fayed, GrubTech’s Co-founder & CEO.

Cafes, restaurants, and cloud kitchens across Egypt that use GrubTech’s point of sale and restaurant management system will be automatically signed up with Paymob, a licensed payment provider in the country, allowing consumer card payments made at the GrubTech point of sale to be processed by Paymob.

The partnership is strategically positioned to cover the entire country with a combined salesforce which should drive widespread adoption.

“We’re very excited to be partnering with Grubtech’s expertise, redefining the traditional payments reconciliation norms for the F&B sector by offering a bundled solution that seamlessly manage restaurants operations and payments from a single platform.” said Islam Shawky, Paymob’s Co-founder & CEO.

An integrated payment solution will benefit not just restaurateurs, café owners and cloud kitchen operators, but more importantly, consumers. A recent survey done by Visa shows that 85% of Egyptians are less likely to use cash for delivery payments.

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