Arab Finance: The e-payment platform PayTabs Egypt has unveiled a strategic partnership with Souhoola, a Buy Now, Pay Later (BNPL) provider to introduce a new BNPL payment option for merchants using PayTabs Egypt's services, as per an emailed press release to Arab Finance on February 27th.
PayTabs Egypt aims to address the escalating demand for varied payment methods in the rapidly evolving e-commerce ecosystem. By empowering merchants with the ability to offer BNPL payment options on their checkout pages, PayTabs Egypt endeavors to enhance the shopping experience for consumers while broadening access to a wider customer base.
By simplifying the payment process and providing greater flexibility, PayTabs Egypt and Souhoola ai plan to foster a thriving e-commerce ecosystem conducive to sustained growth and innovation.
The partnership with Souhoola marks yet another milestone in PayTabs Egypt's journey of strategic collaborations with leading local and regional brands, including Paymes and mnGm.