Dubai: Amazon has become the latest tech giant to offer its digital payments services in the UAE and wider region, joining Apple, Samsung and Alibaba.
With Amazon Payment Services, businesses that use the service will be able to accept online payments using both global and local payment methods, offer installments to customers, and monitor payment performance. The service will be available in the six Gulf markets plus Lebanon, Jordan and Egypt.
Part of the deal
This is being done through Amazon's 2017 buy of Payfort, which was part of Souq Global and is rebranded as Amazon Payment Services. "We listened to businesses across a broad range of industries to continue improving our offering," said Omar Soudodi, Managing Director of APS. (It was that year that the e-tailing giant acquired the local entity souq.ae and then later made the transition to amazon.ae.)