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PayTabs is a fintech company that provides payment gateway to online merchants. The company operates as a payment processor for online vendors, and other commercial users, to accept and process payments through payment methods that can be integrated with web and mobile applications.

The company has its headquarters located in Al Khobar, Saudi Arabia with presence in Bahrain, Egypt, UAE, India and the Philippines.

As of 2019, PayTabs is the third largest payment gateway in Saudi Arabia and the service is available in 168 currencies.

History
Saudi Arabian entrepreneur Abdulaziz Fahad Al Jouf founded PayTabs in 2014. The company started their operations from Bahrain and later in the year, they launched in India, Saudi Arabia and UAE. In May 2015, PayTabs expanded its operations in the Gulf Cooperation Council (GCC) markets. Next month, the company integrated with SADAD payment system as an alternative payment method.

PayTabs was recognized as the #1 on the Forbes Middle East 50 Most Promising Saudi Startups of 2016. By November 2016, it started global payment processing in the MENA, GCC, Asia and Africa regions. In December 2017, it moved its headquarters to a new location in Bahrain.

In 2017, Paytabs announced that it has raised $20 million funding to expand into more than 20 new markets. The company also integrated with K-Net as an alternative payment method. It was recognized by Forbes Middle East as a top start up in the MENA region, for the 3rd consecutive year.

In July 2019, PayTabs launched STC Pay as an alternate payment method.

Awards

 * 2015: SA Enterprise Agility Awards: Payment Solution of the Year
 * 2017: The Asian Banker Innovation Leadership Achievement Award
 * 2017: Best Global Online Payments Solution Award
 * 2018: Fintech Company of the Year
 * 2019: FiNext Awards Singapore