Mastercard has entered into a strategic partnership with PayTabs Group to enhance digital payment solutions for small and medium enterprises (SMEs) in Egypt. This collaboration leverages Mastercard’s global network and PayTabs’ payment capabilities to create a white-labelled digital payment platform aimed at increasing payment acceptance and promoting contactless payment adoption.
The platform will offer SMEs secure, customizable, and cost-effective options for accepting digital payments, simplifying the payment process, and improving efficiency. It features tools like payment links and QR codes, enabling businesses to manage payments quickly and securely. This initiative supports Egypt’s digital transformation agenda by promoting financial inclusion and reducing reliance on cash.
In addition to the Egypt collaboration, PayTabs also partnered with Concept Combined Group in Kuwait in December 2024, introducing Advanced Payments Solutions (APS) to support businesses in the region with innovative digital payment services. This partnership further expands PayTabs’ reach and supports the growing demand for modern payment solutions.
