PayTabs introduces SwitchOn®, the next generation payment solution suite
PayTabs SwitchOn® is now available for local deployment, at a fraction of the cost. With its own intellectual property and backed by deep use case expertise, the flexible and compelling solution aims to drive innovation in the region by enabling flexible payment orchestration at scale.
As the fintech enabler for the region, PayTabs’ mission is to simplify and orchestrate a unified payment experience and value for key players in the MENA region and beyond. Fintechs will find it particularly suitable for complying with local regulations in the country.
The specific needs of established financial institutions and fintechs are met through the available modular and hybrid deployment modes.
The PayTabs SwitchOn® architecture is designed to provide a unique payments orchestration capability that enables customers across multiple industries and scales to maximize the benefits they obtain in conjunction with existing systems.
From the card and wallet management system to the unified APM gateway and the various value-added modules, customers can select what best suits their needs. PayTabs experts will ensure that the right mode of deployment is provided, whether it is a hosted, on-premises or hybrid managed service. PayTabs also provides custom white label solutions.
Activate PayTabs® omnichannel payment solution and its deployment methods respond and tick all the boxes to the growing demand for solutions that comply with the data localization directives and regulations of each country of establishment. Allowing brands and large enterprises in all countries and regions to manage their payment complexities with a 360-degree view, reducing dependencies with third parties and thereby streamlining speed to market.
Commentary on the launch of PayTabs SwitchOn®Johnson S Sasikumar, Group Chief Strategy Officer, PayTabs, said: “In the post-covid era of emerging payments, this is good news for the region. By orchestrating game-changing technology and as architects of next generation payment systems, we have elevated our payment system processing capabilities.With PayTabs SwitchOn® we are now able to deliver a 360-degree checkout experience within weeks, at a fraction of the cost.”
Taff MorrisPayTabs VP-Divisional Head of SaaS added, “SwitchOn is the power behind PayTabs’ next-generation payment processing solutions.”
PayTabs is an award-winning payment solutions powerhouse founded by a Saudi entrepreneur Abdulaziz Al Jouf in 2014.
PayTabs processes transactions in multiple currencies and markets, securely. Using API plugins, PayTabs facilitates seamless B2B e-commerce solutions for small and medium businesses across all industries to “plug and play” payment functionality on their websites. PayTabs is proud to offer e-invoicing services allowing businesses to take advantage of digital invoicing, pay by QR code or secure social media payment links.
Originally backed by Saudi Aramco’s “Waed” and later by Saudi private investment, over the years PayTabs has integrated and exported a full stack of game-changing solutions. These include mobile apps, hospitality, government, education, airlines, travel, transportation and billing solutions, to interconnect the multi-billion dollar enterprise market chain in the MENA region.
In 2021, PayTabs launched “PT Touch”, the first SoftPOS solution in the MENA region to turn smart phones into merchant POS terminals. Last month, PayTabs launched its own social commerce platform, “Paymes”, to facilitate payments for micro-merchants.
A proven game-changer in the global payments space, PayTabs has dedicated offices in the United Arab Emirates and Saudi Arabia and a presence in other locations including Egypt. The company is an equal opportunity employer with a diverse and multicultural team of over twenty nationalities.
More PayTabs steps on: https://site.paytabs.com/en/