Payment solutions provider PayTabs Egypt has partnered with Azimut to introduce online top-ups for trading accounts and investment funds on Azimut’s platform, azinvest. The collaboration, approved by the Central Bank of Egypt (CBE), allows Azimut customers to fund their accounts digitally using debit and prepaid cards, streamlining investment account management by integrating online payment options.
This partnership aims to enhance the region’s investment market by simplifying payment processes for stock trading. By enabling digital payments, the collaboration meets customer demands for convenient, secure online transactions, expanding the capabilities of digital payment solutions in the region. Azimut highlighted that azinvest’s digital payments initiative reduces the need for clients to visit physical branches or sign physical documents, contributing to a more efficient investment experience.
PayTabs Egypt expressed that the collaboration with Azimut supports the growth of the regional investment market by facilitating easier payment methods for customers. Azimut’s use of PayTabs Egypt’s payment gateway enables clients to achieve their savings and investment goals with greater ease.
This announcement comes on the heels of PayTabs’ recent collaborations. Months ago, PayTabs partnered with Digital Haze to enhance business operations across the Levant region, providing data-driven insights for SMEs in the e-commerce and digital payments sectors. In May 2024, PayTabs also teamed up with NuMetric to improve online invoice collection and payment automation, offering a seamless transaction experience through PayTabs’ payment orchestration platform.
