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Updated by Aarti N on May 31, 2016
Aarti N
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The Best Online Payment Gateway Services for Middle East Ecommerce
Listly by Aarti N
Integrating a local payment gateway for your ecommerce business in the Middle east is beneficial. It's 1) easier to transact in local currencies (Emirati dirham, Saudi riyal, Bahraini dinar…), and
2) reduces the time taken to integrate and implement the payment gateway.
Choose which suits your business from the best options!
Find the original blogpost with more details at Best online payment gateway services in the Middle East – a comparison
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• Operations and services spread across the #MiddleEast (Saudi Arabia, United Arab Emirates, Bahrain, Egypt, Qatar, Kuwait…).
• Offers payment gateway integration and activation on your digital commerce webstore in as little as 24 hours.
• Only payment gateway provider from the Middle East to offer integration with #SADAD accounts-Saudi Arabia's national bill presentment and payment system that allows customers to pay with one touch of a button.
Network International LLC
Incorporated in 1994, HQ in UAE, Network International is a complete payment solutions company. It is chosen as a payment gateway partner mostly by the large businesses and conglomerates of the Middle East due to the high security deposit requirement.
• One of the most popular payment gateway providers in the Middle East, Payfort processed $817 million worth transactions in its first year of operations in 2014.
• Their setup fees make them appealing to small and medium businesses and they provide additional services such as protection from fraud at an additional cost.
Telr Innovate payments
• In 2014, two UAE-based payment gateway companies announced a merger to concentrate their efforts in the Middle East region and thus Telr Innovate was born.
• With its transaction-based licensing model and low upfront costs, this gateway attracts startups, and midsize and small businesses in the Middle East and North Africa (MENA) region and other emerging markets in Southeast Asia.
• Though it is based in the USA, 2Checkout is popular in the region as it accepts payments globally, in 87 currencies and 15 languages.
• But transaction costs are high, so SMEs (small and medium enterprises) may face budget constraints.
I'm the content writer for the Marketing team of Embitel Technologies, a Bangalore-based tech solutions company (digital commerce and product engineering services). We're all about delivering high-quality solutions to our clients to help them achieve the success they seek.
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