Tap Payments, the leading fintech company in the Middle East and North Africa (MENA) region, announced that it has signed a partnership with PayPal, a global leader in the payment industry, to offer PayPal onboarding, operations and payouts for businesses. This offers MENA businesses the convenience of a single partner for all of their payment requirements, simplifies the payment process, streamlines operations and highlights Tap’s unwavering commitment to facilitating seamless payment experiences for its business partners.
Mark Mwongela, PayPal Director for Middle East and Africa said, “We are excited to partner with Tap Payments to bring PayPal’s trusted and secure payments to businesses in the MENA region. With this partnership, businesses can leverage PayPal’s global reach to expand their cross-border sales”.
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Tap Payments is now also one of the only PayPal partners that provide businesses with the ability to settle payouts directly to local bank accounts in local currencies in MENA. With this partnership, entrepreneurs and businesses across MENA can broaden their global reach and leverage PayPal’s flexibility, convenience and security which enables them to sell in 200+ countries globally and to 435 million worldwide active PayPal accounts.