Restaurants can benefit from its embedded payment experiences, enjoy swift access to their funds, higher acceptance rates, and receive dedicated account management support. Food and beverage outlets will also have free daily settlements for the first three months along with preferential pricing.
Additionally, customers and restaurants can also take advantage of multiple payment options including cards, bespoke digital wallets and ‘Buy Now, Pay Later’ (BNPL) services.
The strategic partnership is part of Deliverect’s ongoing efforts to strengthen and elevate its payments ecosystem, delivering enhanced convenience for both outlets and consumers. This collaboration is also the first step in enhancing customers’ experience for both organizations with potential plans to integrate Paymob into Deliverect’s smart digital kiosks at all restaurants.
Naji Haddad VP – Deliverect EMEA
“We are delighted to partner with Paymob, which has established itself as one of the leading financial service enablers in the MENA region. This collaboration is of huge significance as it represents the start of an exciting journey, adding Paymob to the array of payment options available on Deliverect. By expanding our ecosystem with the addition of Paymob, restaurants can benefit greatly from seamless operations, giving them swift and easy access to funds for each order that will help them grow and scale their businesses with greater efficiency. More importantly, it increases our offerings of more in-store and off-store payments, providing ease for customers and restaurants.”
Islam Shawky, Co-founder and Chief Executive Officer at Paymob, said that, “Since its founding in 2015, We have made significant strides in positioning Paymob as a leader in financial services across industries. Our partnership with Deliverect further strengthens this position, adding to the growing list of businesses we work with to power the F&B transactions industry in the region. Paymob has been carefully designed to ensure our payment infrastructure meets the needs of merchants, providing ease and accessibility. This empowers digital finance and allows us to expand our reach through our partnership with Deliverect by attracting new audiences.”