MENA-based PayTabs Group has confirmed it will roll out advanced payments solutions (APS) in Kuwait under its umbrella in the country.
In partnership with Concept Combined Group Kuwait, PayTabs Kuwait will look to ‘transform’ the country’s digital payment landscape with payment orchestration solutions aimed at driving the digital transformation of its economy.
Abdulaziz Al Jouf, CEO and Founder of PayTabs Group, said: “Our research highlights the untapped potential of Kuwait’s market, which remains largely unexplored by payment providers.
“This combines Concept Group’s local expertise with our best-in-class payment technology and infrastructure, creating a powerful force to scale businesses and elevate Kuwait’s digital economy.”
Concept Combined Group Kuwait is a business conglomerate with nearly two decades of expertise in providing telecom services, IT solutions, app development and retail and wholesale services to leading corporations in Kuwait and the MENA region.
Commenting on the partnership, Ahmed Al-Mousa, Deputy CEO of Concept Combined Group, stated: “We believe that Kuwait holds tremendous promise, and our collaboration with PayTabs Group is a testament to our commitment to the region.
“Together, we aim to equip and empower businesses with the tools and technologies they need to thrive in the digital era.”
Building on PayTabs’ testing of the Kuwaiti market and the increasing demand for digital payment solutions, the company will introduce its product suite to Kuwait offering secure and convenient payment solutions customised for the unique needs of the country’s fast-growing businesses and entrepreneurs.
PayTabs Kuwait General Manager, Anwar Nabeel Al Qenaei, added: “This partnership aligns with our commitment to delivering innovative payment solutions that cater to the unique needs of the Kuwaiti market.
“By introducing advanced services like open banking integrations and digital wallet capabilities, we are enabling businesses to embrace digital transformation and better meet evolving consumer expectations.”
