X-ERA, Paymob join forces to offer digital B2B payments tool in Egypt

Fintech and logistics solutions provider X-ERA Egypt has reached a deal with financial services firm Paymob to provide Egyptian Merchants with digital business to business (B2B) payments solutions.

Under the deal, Paymob’s payment acceptance technology will be incorporated into X-ERA’s fast moving consumer goods (FMCG) ordering application.

This will see the creation of a digital business offering for merchants who earlier used to pay for their purchases with cash.

Paymob’s gateway will process various methods of payments, including credit card, digital wallet and others on the X-ERA app, as part of the new tie-up.

It will pave way for digitalisation of grocers and small businesses as well as help them grow in the digital economy, the firms said.