Paymob, a leading financial services enabler in the MENA-P region and Khazenly, Egypt’s premier on-demand digital warehousing and fulfilment management platform, announced that they have signed a partnership agreement that will enable merchants to fully digitise business operations.
The strategic partnership creates an end-to-end ecosystem that combines Paymob’s multiple digital payment acceptance and payout solutions with Khazenly’s best-in-class digital fulfilment and warehousing services.
Merchants in the ecosystem also have access to Paymob’s real-time payments reporting dashboard for instant financial visibility. The innovative technology integration will transform how merchants do business in Egypt, resulting in streamlined operations and more efficient transaction lifecycles, while significantly expanding merchants’ customer base.
Islam Shawky, Paymob’s Co-founder and CEO commented, “We are particularly excited about this partnership with Khazenly that demonstrates our commitment to digitize B2B payments which are central to the digital transformation of any business. By combining our value proposition with that of Khazenly, we are creating a comprehensive, digital B2B logistics and payments solution. As the agents of inclusive growth in any economy, SMEs in Egypt will benefit the most from our partnership with Khazenly which will open new opportunities for them.”
Mohamed Younes, Khazenly’s Co-founder and CEO stated, “Khazenly’s core mission is to grow the e-commerce market across Egypt and the region. Hence, partnering up with one of the region’s leading e-payment players, Paymob, is very exciting for us, as we believe that together we can enable the transition from offline to online for all our merchants via offering comprehensive solutions from the first mile to payment services.”
