Arab Finance: The consumer finance firm MID Takseet has partnered with the financial services provider Paymob to promote access to top-notch consumer finance solutions in Egypt, as per an emailed release.

This partnership aims to broaden MID Takseet’s innovative flexible payment plans and financing services to include Paymob’s wide network of more than 250,000 merchants and their customers in Egypt.

In its first phase, this partnership will integrate MID Takseet’s services with Paymob’s point of sale (POS) to operate in-store card and digital wallet transactions. In the second phase, online integration will be included.

“This collaboration facilitates a seamless purchasing and payment experience through an expansive network of merchants, allowing us to integrate Paymob-affiliated merchants into our network,” MID Takseet’s CEO Mahmoud El-Ghawas commented.

“Our partnership with MID Takseet is another step in Paymob’s mission to enable businesses to compete in the digital economy and contribute to sustainable, inclusive economies,” Paymob’s COO Gillan Shaaban said.

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