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PayTabs Wins Prestigious FiNext Top Companies in Payments Award

Category: Global Events

PayTabs Wins Prestigious FiNext Top Companies in Payments Award
Mohab Global Events 0

PayTabs Wins Prestigious FiNext Top Companies in Payments Award

Ever since it started operations in 2014, PayTabs has been single-mindedly focused on one thing – use robust technology to help small and medium businesses make simple and secure online transactions. The company has worked towards building innovative solutions to make the world go cashless and embrace new possibilities of accepting payments. It goes without saying that they are proud of the value and opportunities created for more than thousands of payment partners. And it cannot be more satisfying when others recognize this as well.

“After careful consideration and extensive research our awards committee is happy to let you know that ‘PayTabs‘ has been selected for the Top Companies in Payments Award”

                                                                -FiNext Judging Committee

The recent award won in Singapore was collected by their distinguished Philippines Country Manager, MayFlor Jalandoni, at the latest FiNext Conference held on 25th-26th April, at Marina Bay Sands, Singapore.

FiNext Acknowledges the Torchbearers of Global FinTech Sector

FiNext is dedicated to bringing the global FinTech sector under one roof. They allow start-ups, investors, SMEs, incumbent tech providers, financial institutions and other stakeholders to connect and interact with industry innovators. This was the primary idea behind the FiNext Awards Singapore 2019. The FiNext ‘Top Companies in Payments Award’ is one of the premier business awards for achievement in the global payments sector.

While nominees were judged on 5 parameters – Spirit of Innovation, Overall Reach, Industry Impact, Future Readiness, and Market Demand, PayTabs walked away with the highest award distinction for companies specializing in the payments sector – the Top Companies in Payments Award. The judges agreed that PayTabs was a pioneer in the way it had impacted the global payments industry. And, that their brilliant insight and future readiness ensured they also captured the spirit of innovation.

PayTabs Innovative Approach

PayTabs has been providing a smooth way for entrepreneurs, financiers, practitioners, innovators, and enthusiasts to forge partnerships, grow businesses, and access global markets. They hold on to their core system of values to create a unique and secure gateway to their clients. Their smart dashboard is second to none in the way it helps businesses manage their deposits from one platform to the other. The fact that PayTabs gateway is equipped with a PCI DSS certification and anti-fraud protection allows them to enjoy global recognition.

With the latest award conferred upon them (among a series of other highly notable awards), PayTabs is geared to become a leader and pioneer in the payments gateway space.

Standing up to market trends 

The FiNext judging committee acknowledged hand-picking PayTabs from a list of incredible nominations. What worked in the favour of PayTabs was its ability to measure up to ongoing market trends and foresee client needs. They had increased their market demand by addressing these requirements of the market and responding uniquely to emerging trends. With the latest award, PayTabs continues to enjoy a successful journey as one of the premier payment gateway providers in the world.

About PayTabs:

PayTabs is a Saudi-based company that facilitates processing of online payments securely and efficiently. It was founded by Saudi entrepreneur Abdulaziz Al Jouf.

PayTabs caters to small, medium and large enterprises via different business models. PayTabs offers clients services to seamlessly ‘plug and play’ various features on to their websites. It prides itself on offering simple and EFFICIENT invoicing services for merchants and professionals.

PayTabs was awarded the title of ‘Fintech Company of the Year 2018’ at the prestigious Arabian Business Achievement Awards.

With dedicated offices in Saudi Arabia, UAE and presence in Bahrain, India and the Philippines, PayTabs is fast emerging as the preferred payment solution company.

6 years ago
Women entrepreneurs making big strides in UAE
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Women entrepreneurs making big strides in UAE

UAE presents a big business opportunity for women looking to launch their business. Women comprise a dominant 70% of the graduates that pass out of universities and 44% share of the workforce. Further, the gender gap in early stage entrepreneurship is already narrowing, with 7.6% women founders as against 11.8% men founders.

Leveraging the PayTabs advantage

PayTabs has always been in the forefront of embracing changes – be they technological innovations on the digital payments front or changing socio-economic equations of empowering women wanting to take the entrepreneurial plunge. Reinforcing this strategy, PayTabs is participating as a featured exhibitor in the Women Entrepreneurship Summit (WES) MENA, scheduled to be held on 22 April, 2019 in Dubai, UAE.

What is the significance of this event?

This invitation-only strategic summit aims to bring together established and aspiring women entrepreneurs across MENA region. It works on the profile sharing concept. It provides a platform to encourage and facilitate female-led entrepreneurship by enabling knowledge sharing and interaction between business women from women-centric organizations and SMEs. Despite the success of women-run businesses, there is still a lot of ground to cover. Women entrepreneurs face several challenges like access to finance, coaching and mentorship channels, networking opportunities and knowledge about the various aspects of running a business, like the changing regulatory regime and digital payment solutions, etc. While the former constraints would be deliberated upon in brainstorming sessions by the participants, PayTabs would effectively tackle the last with its innovative online payment solutions.

The PayTabs’ boost to female entrepreneurship in UAE

The shift from an oil-driven economy to a tech-enabled ecosystem is encouraging women entrepreneurs in diverse sectors. As per a recent survey, women in the GCC manage $385 bn worth of assets in SME businesses. Thus, women entrepreneurs ranging from cup cake owners, florists, financial service providers to fashion consultants, film makers, designers, etc are gradually making a name in the SME space. Being technology driven, these start-ups need digital access to global markets and the capability to accept online payments. This needs to be achieved without necessitating a physical presence in every geography to enable receipt of customer payments. This is where the adoption of PayTabs can prove to be a game changer for lady entrepreneurs. PayTabs, an award-winning digital payments company with strong roots in the MENA region boasts multi-integrated payment options via Visa, MasterCard, American Express, SADAD, Mada and more, using a single API. The PayTabs sales team would be ready and willing to answer all queries related to digital payments and how a payment gateway can be seamlessly integrated into the existing web portal.

PayTabs offers a suite of online payment solutions suited to the unique needs of SMEs and start-ups, supporting over 168 currencies. Further, with PCI-DSS certified, 3D secure authentication, 24*7 customer support and a dual-layer fraud protection system, PayTabs ensures that transactions are 100% safe and secure. Thus, business women can completely focus on running the business, and leave the worries about the payment processing and digital receipts to PayTabs.

If you are a female and entrepreneurship is your calling, UAE is the place to be in the MENA region. With PayTabs unlocking whole new possibilities in digital payments, a lady entrepreneur can conveniently accept online payments from across the globe. PayTabs can be a reliable partner in your entrepreneurial journey. Think cashless, think PayTabs! Save the date.

6 years ago
PayTabs Holds a Mentorship Session for Bahrain’s Startups on the Eve of its 5th Anniversary
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PayTabs Holds a Mentorship Session for Bahrain’s Startups on the Eve of its 5th Anniversary

The road to glory is always tough. You get the roses at the end but initially the road is filled with thorns. The journey of PayTabs has been somewhat similar.  When we began in March 2014, we were confident that someday we would achieve our goals. Today, we stand here, all set to celebrate 5 years of operations in a few days.

Mentorship Program Begins

And to commemorate this special occasion, we, along with Flat6Labs, Bahrain’s leading Accelerator Program, organized an exclusive event for the budding startups of Bahrain. The motive of hosting a startup meet was to impart knowledge, advice, tips, and tricks under the aegis of mentors. To add a cherry on the cake, PayTabs’ success story was served as a live example for all the 60 startups that attended the event.

Here, at PayTabs, we know the importance of mentorship. When the foundation was laid in March 2014 with a corpus of $10,000, we were determined to make an impact in our industry. And we were able to do so because we received genuine guidance from experts. And today, after 5 glorious years, we have established our presence in 21 countries, with our dedicated offices in Saudi Arabia, Bahrain, UAE, Philippines and India.

Now we felt the need to do something for our startup community. So as a startup, we planned to host the startups over breakfast at the PayTabs’ headquarters. The event comprised of the following sessions – PayTabs’ journey from zero to hero, round table discussions, questions from the participants, and a brief mentorship program on the right and wrong startup practices. The participants gained knowledge necessary to operate a startup in the right manner.

Bahrain – The City of Startups

The startup meet was a landmark event held in the land of Bahrain. Bahrain has a thriving ecosystem of around 75 startups, striving to make a mark in the field of innovation and technology. These startups have the support of over 34 accelerators, incubators, co-working spaces, and other institutions.

PayTabs is a prodigy of Bahrain’s startup culture. Once, we had an idea and a strong will to succeed. Today, we have the skills, resources, ambition, and vision. But it’s not just about us, it’s about everyone who dreams of spearheading a revolution in the society. And there’s no better way to do it than to found a startup. Isn’t that so?

6 years ago
MEFTECH-KSA 2019 in Riyadh
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MEFTECH-KSA 2019 in Riyadh

Explore the latest in the world of financial technology with MEFTECH-KSA 2019 in Riyadh

The e-commerce landscape in the Kingdom of Saudi Arabia has become more dynamic than ever before, and the credit goes to forward-thinking financial and technological institutions. The process of making and receiving payments online has especially become extremely advanced and convenient, helping local businesses in KSA to go global with ease. And as the longest running banking and financial technology event, MEFTECH-KSA 2019 will focus on e-commerce payment systems and more.

The MEFTECH-KSA 2019 event will see numerous governments departments, banks, and enterprises of various sizes come together to network, exchange knowledge and pave the way for better business opportunities. And, as one of the leading names in the world of online payment gateway providers in the GCC region, PayTabs will participate in this event as well. PayTabs is the first Saudi fintech company that is all set to disrupt the way e-commerce transactions are carried out, by offering unique advantages to both customers and merchants.

What is MEFTECH-KSA 2019 all about?  

MEFTECH-KSA 2019 will be held on 24th and 25th February in Riyadh, in partnership with SAMA, the prominent payment authority in KSA. Till date, MEFTECH has been able to draw more than 1000 technology providers and 8000 financial industry executives in Abu Dhabi, Dubai and Bahrain. The 2019 event will especially focus on the fast-changing payment scenario in the ecommerce and retail sectors in Saudi Arabia.

Industry leaders are expected to share thoughts and knowledge about the latest developments in the payments sector, and discuss game-changing technologies such as:

  • Mobile payments
  • Blockchain and digital currencies
  • Fintech vs. Banks
  • Cashless evolution
  • AI and machine learning
  • Authentication

Various programs such as conferences, open theatres and roundtable discussions will be conducted where entrepreneurs, disrupters and innovators will join hands to explore all things new and promising in the world of payments.

Why will PayTabs participate?

PayTabs is a new-age online payment gateway provider that makes online transactions smooth, fast and safe. We accept over 168 currencies and offer multiple payment modes to make the experience better for both merchants and customers. Our cutting-edge anti-fraud technology, ease of technical integration, and express checkout process are features that will help boost the e-commerce landscape in KSA like never before. At MEFTECH-KSA 2019, we intend to share our experience and ideas about how an efficient online payment gateway can help local businesses expand, improve sales, monitor transactions from anywhere and anytime, track performance and develop strategies for the long run.

Important details about MEFTECH-KSA 2019

The MEFTECH-KSA 2019 event will be held at the Four Seasons Hotel in Riyadh, at Kingdom Centre on Olaya Street. Master passes can be bought for a 2-day access or separately for day 1 or day 2. These passes will give you access to:

  • 3500 square meters of exhibition space
  • World Class Conference
  • MEFTECH Innovation Theatre
  • MEFTECH Innovation Awards
  • Galaxy Fintech Startup Zone

Trade visitors can explore the exhibition, the innovation theater and the Galaxy Fintech Startup zone only, for free. The roundtable discussions on day 1 (24th February) and day 2 (25th February) can be attended for free, though seats are limited and subject to approval.

So, don’t miss this one-of-a-kind opportunity and register your name for the MEFTECH-KSA 2019 event. Find out how leaders in the financial and technology sectors brainstorm, ideate and explain the recent developments in payment systems and more.

6 years ago
PayTabs is taking payments to a new level at Seamless Middle East, Dubai
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PayTabs is taking payments to a new level at Seamless Middle East, Dubai

With businesses and companies getting increasingly digitized, the spotlight on online payments are shining brighter. And PayTabs as a leading payment gateway provider is making the lives of many virtual merchants convenient. To spread the word, it will appear on the Seamless Middle East, Dubai platform from 15-16 April at the Dubai Exhibition and Convention Center.

Payments Everywhere, PayTabs Everyware!

Though most businesses are aware of the benefits of a trustworthy payment gateway solution, there are others who are yet to join the bandwagon. As e-stores continue to mushroom in the Middle East every day, merchants undoubtedly need to ensure they receive their payments safely and quickly. And this is exactly what PayTabs promises and intended to showcase at the Seamless Middle East.

PayTabs will have the opportunity to connect with over 10,000 ecommerce companies, retailers and key providers and vendors from the payment industry. This is thanks to PayTabs state of the art 64sqm exhibition booth at the exhibition, which will showcase the firm’s innovative new products and services.

As a proud gold sponsor of the Seamless Middle East event, PayTabs plans to elaborate on topics like ecommerce, online retail payments and the retail ecosystem. This event is the perfect platform to share innovative ideas and the latest in technology and industry trends. On 15th April 2018, the Chief Digital Officer of PayTabs, will deliver a session on how online payments can be married to customer loyalty for greater customer experience and impact.

PayTabs will showcase its cutting-edge products including Ninja, FarahPay, Vera Pay and Juman.co as well. These programs are ideal for online merchants in varying industries who wish to embrace a simple and trusted payment gateway and open their business to the rest of the world. Interested retailers will receive live demos on how to utilize PayTabs services in the best manner through these programs, learn to manage transactions and invoices, and how to handle recurring payments. Moreover, some programs like Ninja will allow freelancers to refer PayTabs to other businesses and earn an income through the referrals.

Why PayTabs is the future of online retail?

As an intelligently developed online payment gateway, PayTabs lets e-stores receive payments from anywhere in the world in a very secure and hassle-free manner. It allows you to accept 168 currencies, manage your business digitally through a smart dashboard and its services are priced very reasonably too. The checkout process is simple, seamless and hence keeps your customers hooked till they make the final payment.

PayTabs is also easy to integrate with your platform and mobile apps, and it is PCI-DSS certified as well. Their dual layer fraud protection and 3D secure authentication systems are extremely robust and customer information is well-protected. Setting up an account on PayTabs is super easy too and a sales representative will get in touch with you to familiarize you with the gateway and its functioning.

Visit PayTabs at Seamless Middle East from 15-16 April 2016 and soon, you will be able to manage your business online keep track of payments and even receive financial progress reports that indicate how well your business is doing and what you can do to take it a notch higher with PayTabs!

7 years ago