payfort
Information by Research TrustFinance
Founded in 2013, Payfort established itself as a leading online payment gateway for businesses across the Arab world. Its mission was to build a secure and trusted payment ecosystem for the region, addressing local needs with services like credit/debit card processing, local payment methods, and advanced fraud prevention. In 2017, Payfort was acquired by Amazon as part of its acquisition of the e-commerce giant Souq.com. In December 2020, the Payfort brand was officially retired and rebranded as Amazon Payment Services, integrating its regional expertise with Amazon's global technology and infrastructure to continue serving merchants of all sizes.
United Arab Emirates
Industry
- PSP GatewayPRIMARY
- Other Service
Financial