Payfort news and trends

Today In Payments: China’s Central Bank Tells Merchants To Accept Cash; EU Threatens Big Tech...
News // December 15, 2020

In today’s top news, the People’s Bank of China ordered merchants to accept cash and the EU has threatened to break up Big Tech firms if they violate anti-competition rules. Plus, PAYFORT, now Amazon Payment Services, now offers installment payments. China’s Central Bank Tells Merchants...

MENA’s PAYFORT Is Now Amazon Payment Services And Offers Installment Credit
Payment Methods // December 14, 2020

Payment service provider PayFort, which is based in the Middle East and North Africa (MENA) region, has changed its name to Amazon Payment Services, a letter from Managing Director Omar Soudodi stated, and it will now offer installment payments. By offering installment payment options, the...

Standard Chartered, Amazon To Offer Installment Payments In UAE
Buy Now Pay Later // September 15, 2020

Standard Chartered and Amazon.ae, the company’s United Arab Emirates website, are launching a new installment payments method for customers, according to The Fintech Times. Standard Chartered cardholders will now be able to convert purchases to monthly installments for up to a year without having to...

Amazon’s PayFort Looks To Boost Middle East Startups And SMBs
Amazon // June 04, 2020

Amazon-owned PayFort aims to support startups and small and medium-sized businesses (SMBs) in the Middle East with its #StartUpStayUp initiative. The FinTech company has invited more than 100 of its startup and SMB “merchant partners” to benefit from the initiative, whose goal is to increase traffic...

Quick Reads
MENA’s PAYFORT Is Now Amazon Payment Services And Offers Installment Credit

December 14, 2020
Payment service provider PayFort, which is based in the Middle East and North Africa (MENA) region, has changed its name to Amazon Payment Services, a letter from Managing Director Omar Soudodi stated, and it will now offer installment payments. By offering installment payment options, the company hopes to help people in financial binds make payments […]

Standard Chartered, Amazon To Offer Installment Payments In UAE

September 15, 2020
Standard Chartered and Amazon.ae, the company’s United Arab Emirates website, are launching a new installment payments method for customers, according to The Fintech Times. Standard Chartered cardholders will now be...

Amazon’s PayFort Looks To Boost Middle East Startups And SMBs

June 04, 2020
Amazon-owned PayFort aims to support startups and small and medium-sized businesses (SMBs) in the Middle East with its #StartUpStayUp initiative. The FinTech company has invited more than 100 of its startup...