Dubai, UAE14th December 2020 – Amazon at the moment introduced the launch of Amazon Cost Companies, a cost processing service within the Center East and North Africa (MENA) area with a mission to supply companies with easy, accessible and dependable on-line cost experiences. The just lately launched Amazon Cost Companies gives safe on-line cost companies which are simple to make use of, utilizing Amazon’s scalable and dependable applied sciences.
Established in 2013 as one of many first Fintech firms within the area, PAYFORT has acquired a deep understanding of the wants of companies within the area. In 2017, Amazon acquired PAYFORT as a part of its acquisition of Souq Group. Since then, the main focus has been on integrating PAYFORT and Amazon’s choices to supply firms with a handy and dependable service.
With the launch of Amazon Cost Companies, companies utilizing the service will proceed to have entry to a variety of cost companies that enable them to simply accept on-line funds utilizing each international and native cost strategies, supply clients installments to make purchases at reasonably priced costs for them. clients and monitor cost efficiency across the clock. Beginning at the moment, PAYFORT is Amazon Cost Companies.
Omar Soudodi, Managing Director, Amazon Cost Companies, mentioned: “At this time’s launch marks one other key milestone in Amazon’s promise to construct the way forward for digital funds within the area, empowering companies to supply finish customers with an easy-to-use cost expertise. We have listened to firms throughout a variety of industries to proceed to enhance our providing. Amazon Cost Companies is the following pure step in our journey, specializing in 4 elementary pillars: belief, comfort, choice and pricing, supported by a best-in-class expertise targeted on reliability, scale and operational excellence.”
Amazon Cost Companies processes transactions for 1000’s of companies throughout a number of industries, from aviation to journey and tourism, retail, insurance coverage, actual property, authorities and extra. With such a various consumer base, it has constructed a robust experience supporting companies of all scales, from small and medium-sized enterprises (SMEs) seeking to set up their on-line presence to massive enterprises requiring a cost service trusted to deal with excessive transaction volumes securely. .
New companies utilizing Amazon Cost Companies will have the ability to simply settle for on-line funds, select from a collection of companies that go well with their clients’ wants, and entry wealthy content material to assist them with their digital transformation.
Amazon Cost Companies has additionally launched new and improved companies that can allow companies to raised serve their clients, together with detailed studies with actionable info and real-time monitoring of their cost actions. As a part of the brand new set of companies, companies can obtain higher transaction authentication and scale back checkout frequency. Companies also can construct their very own dashboard by combining knowledge from completely different sources, which helps them monitor and obtain their objectives.