Connect over 100 local payment methods to accept payments and issue payouts to customers in the MENA region, and anywhere in the world.
The Middle East consists of countries with vastly different rates of internet and banking penetration. From above 90% in Bahrain, Qatar, and UAE to less than 40% in Syria, Yemen, and Iraq, internet and banking penetration levels vary widely.
Altogether, this region contains 146 million internet users, most of whom prefer to pay cash-on-delivery. Some retailers might neglect to include this payment method in their portfolio of payment options due to the high return rate, but to settle efficiently in the region, cash-on-delivery must be offered.
Credit and debit cards, especially Visa and Mastercard, are the second most widespread payment option in the Middle East.
Alternative payment methods also maintain a presence in the region. CashU, PayPal, and bank transfers occupy the largest market shares.