PayTabs Egypt is Giving COVID-19 Impacted Small Businesses Free Access to Digital Payment Solutions
Small and medium enterprises (SMEs) in Egypt will be able to access and set up a payment gateway free of charge for a three-month period in a move aimed to boost business activity while supporting small businesses impacted by the COVID-19 pandemic.
PayTabs Egypt, a joint venture between EFG Hermes and PayTabs, announced the offer to extend online payment and checkout solutions for free to SMEs that have endured financial challenges. The free three-month offer is available to any and all businesses that process approximately EGP 100,000 per month in online sales.
“We believe that this initiative will provide concrete support to SMEs facing an adverse operating environment since the onset of the pandemic,” said Hany Soliman, General Manager at PayTabs Egypt, which provides online merchants with innovative digital payment solutions.
“With Egyptian e-commerce activity expanding by more than 30 percent and receiving four-times …