{"id":545821,"date":"2022-04-13T04:04:33","date_gmt":"2022-04-13T04:04:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/paymob-launches-in-pakistan\/"},"modified":"2022-04-13T04:04:33","modified_gmt":"2022-04-13T04:04:33","slug":"paymob-launches-in-pakistan","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/paymob-launches-in-pakistan\/","title":{"rendered":"Paymob launches in Pakistan"},"content":{"rendered":"

<\/a> Paymob<\/a><\/strong> lands in Pakistan:<\/strong> High-profile Egyptian fintech startup Paymob has officially launched in Pakistan, it announced in a press release (pdf)<\/a> yesterday. The digital payments provider said it will launch a number of payment services in the country, including payment gateways, POS, SoftPOS, and contactless payments.<\/p>\n

Why Pakistan?<\/strong> Paymob said that Pakistan is \u201cperfectly suited\u201d to the company\u2019s strategy due to the low rate of fintech penetration and the country\u2019s high population. Home to more than 220 mn people and more than 4 mn SMEs, there are only 80k POS terminals and less than 3k ecommerce gateways in the South Asian country. Pakistan\u2019s economy is also expected to see strong growth, as is the value of the country\u2019s e-commerce sector, which increased 83% last year to USD 3.9 bn.<\/p>\n

Paymob\u2019s entry to Pakistan is also getting mentions in the foreign press: <\/strong>Bloomberg<\/a> | The National<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Paymob lands in Pakistan: High-profile Egyptian fintech startup Paymob has officially launched in Pakistan, it announced in a press release (pdf) yesterday. The digital payments provider said it will launch a number of payment services in the country, including payment gateways, POS, SoftPOS, and contactless payments. Why Pakistan? Paymob said that Pakistan is \u201cperfectly suited\u201d […]<\/p>\n","protected":false},"author":1,"featured_media":545822,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7258],"tags":[72,474,1370,287,95,123],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-545821","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-watch","tag-enterpriseam","tag-pakistan","tag-paymob","tag-smes","tag-startup-watch","tag-startups","wpautop","entry"],"acf":{"mongo_id":"5d7889ee-0fa9-4a00-9928-34237a458896","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/4\/225.jpg","photo_position":"above","related_issue":[545814],"teaser":"","voice_url":""},"yoast_head":"\nPaymob launches in Pakistan - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/04\/13\/paymob-launches-in-pakistan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Paymob launches in Pakistan\" \/>\n<meta property=\"og:description\" content=\"Paymob lands in Pakistan: High-profile Egyptian fintech startup Paymob has officially launched in Pakistan, it announced in a press release (pdf) yesterday. 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