Connectors / Payment providers / PayFort – APS

PayFort – APS

#Payment Service Provider

PayFort APS is a Dubai-based fintech company specializing in online payment solutions for businesses in the MENA region. It provides secure payment gateways and a range of related services to facilitate online transactions.

Payment methods N/A

Market coverage 9
  • Bahrain
  • Egypt
  • Jordan
  • Kuwait
  • Lebanon
  • Oman
  • Qatar
  • Saudi Arabia
  • United Arab Emirates
Description

PayFort APS is a Dubai-based financial technology (fintech) company that provides secure online payment solutions and payment gateway services to businesses in the Middle East and North Africa (MENA) region. PayFort was founded in 2013 and has quickly become one of the leading players in the online payment industry in the region.

PayFort APS offers a range of online payment services, including payment gateways, mobile payment solutions, recurring payments, multi-currency payment solutions, and online fraud services. These services enable businesses to securely receive online payments, facilitating transactions with their customers.

The company works closely with local financial institutions to facilitate transactions and ensure compliance with financial regulations. It also offers solutions tailored to the specificities of the MENA market, including support for local languages and preferred payment methods.

In 2017, PayFort APS was acquired by Amazon, further strengthening its position in the online payment sector. Through this acquisition, PayFort has benefited from Amazon’s resources and expertise to develop its services and expand its presence in the region.

PayFort – APS's features

  • 3D Secure
  • Chargeback management
  • Chargebacks
  • Partial Captures
  • Partial Refunds
  • Payin
  • Payout
  • Recurring Transaction
  • Recurring Transactions
  • Refunds

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Frequently Asked Questions

What is a Payment Aggregator (#PA)?2023-09-14T14:17:02+02:00

A PA is a company that enables merchants to accept payments through a single account. They aggregate transactions from multiple merchants into a single merchant account and facilitate payouts.

What is a Payment Facilitator (#PayFac)?2023-04-18T18:56:26+02:00

A PayFac is a company that simplifies the payment process for sub-merchants by providing a unified platform. They act as a middleman between the sub-merchant and the acquiring #bank and handle all the necessary compliance and underwriting processes.

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