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July 3, 2019

Amazon-owned payment platform PayFort to power AjmanPay

The government of Ajman has tapped PayFort in order to expand the payment capabilities of its payment gateway AjmanPay.

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PayFort is an online payment platform owned by e-commerce firm Amazon.

Through the alliance, the Ajman government intends to combine payment interfaces across government channels.

This is said to offer customers the ability to utilise one payment gateway to make payments for all government services.

AjmanPay will support domestic and international debit and bank cards as well as wallets.

The tie-up is also said to support the launch of pay-via-instalments service within the gateway portal and mobile app.

PayFort managing director Omar Soudodi said: “AjmanPay is an electronic payment initiative from the Government of Ajman, squarely positioning the emirate as a future smart city.

“AjmanPay consolidates payment interfaces across all government channels to one destination, by conducting a variety of government-related transactions online without requiring customers to physically visit any Ajman Government service centre.

“Our technology will empower AjmanPay to offer value-added services for the government’s customers by enabling debit and credit card payments, payment via digital wallets, and easy instalment plans in an automated and innovative way.”

Last year, PayFort received a licence from the Saudi Arabian General Investment Authority to operate in the kingdom.

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

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