Arab Finance: Paymob has signed a strategic partnership agreement with Khazenly to reinforce the digital enablement of merchants in Egypt, according to an emailed press release to Arab Finance on January 31^st.

Under the partnership, the two companies will work jointly to help merchants fully digitize their business operations through the creation of an end-to-end ecosystem.

The ecosystem combines Paymob’s various digital payment and payout solutions with Khazenly’s top-notch digital fulfillment and warehousing services.

Through the ecosystem, merchants have access to Paymob’s real-time payments reporting dashboard for instant financial visibility.

“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,” Paymob’s Co-founder and CEO Islam Shawky commented.

“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 first mile to payment services,” Mohamed Younes, Khazenly’s Co-founder and CEO, said.

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