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Eye of Riyadh
Business & Money | Monday 30 November, 2015 3:25 pm |
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EMP Partners with PayFort International to Deliver Enhanced E-Commerce Services to Merchants

Emerging Markets Payments (EMP), the leading payments processing company in Africa and the Middle East, has announced a partnership with PayFort International to deliver enhanced e-commerce services to merchants in Jordan. 

 

PayFort is a trusted online payment service provider delivering innovative payment solutions for businesses, governments, and other institutions with online shoppers. PayFort supports all types of card.

 

Under the terms of the agreement, EMP will function as the e-commerce acquirer, while PayFort provides the Payment Gateway services. Additionally, PayFort will introduce potential merchants to EMP. Once a merchant is accepted by EMP, they will enter into a separate agreement with the company. In turn, EMP will support PayFort with operational services and enquiries.

 

Commenting on the launch, Hassan Mayassi, Chief Executive Officer of EMP Jordan, said: “PayFort is one of the most trusted payment providers in the Middle East and we are delighted to be announcing our partnership today. Combining our resources and expertise will bring valuable synergies to our customers.”

 

“PayFort’s partnership will leverage the significant experience that EMP has across forty-five countries in the Middle East and Africa,” said Omar Soudodi, Managing Director of PayFort. “We believe that EMP's partnerships in banking and retail across this geography will help us solve market payment challenges and allow more merchants to introduce more full-featured and user-friendly online payment solutions.”

 

“This deal is also good news for Jordan, which is expected to see its e-commerce transactions grow from US$200 million to US$400 million by 2020. EMP is a notable success story for Jordan's software and services sector and we look forward to working with them to help other Jordanian companies reach their full potential,” added Soudodi.

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