PayerMax, a global omni-method collection and disbursement solution, launched in the MENA region. PayerMax supports more than 350 local payment methods, covering Southeast Asia, South Asia, South Korea, LATAM and now MENA.
“We are proud to launch PayerMax in the MENA region, deepening our local presence through private and public sector partnerships to service online merchants that have ambition beyond borders and unlock monetization at scale across the region,” Sianna Wu, MEA Senior Vice President at PayerMax, said.
PayerMax will engage and partner across the digital payments provider, banking and regulatory ecosystem to support and accelerate digital payment adoption upholding the regional and national agenda of a cashless society by driving financially inclusive payment acceptance.
It aims to offer global digital merchants and Middle East Payment Institutions the ability and scale to offer localized and financially inclusive payment methods in major markets with one API.
PayerMax’s launch in the MENA aims to unify the fragmented payments landscape to bring about a paradigm shift in user behavior and support the rapidly growing MENA digital market to unlock borderless growth.
If you see something out of place or would like to contribute to this story, check out our Ethics and Policy section.