PayTabs Egypt has partnered with mnGm, a digital platform that acts as the digital distributor for Gold Net Trading (GNT), to provide customers and investors with access to investment-grade gold through payments solution provider’s secure, seamless and regulated services.
Apart from card usage to purchase gold directly from GNT, card payments will also be available on mnGm, enabling customers to sell, store, and request delivery of 999.9 (24k) gold securely and transparently through the click of a button.
“As a company deeply rooted in the MENA region, we recognize the importance of gold as a traditional and trusted form of investment,” said Karim Eyada, PayTabs Egypt’s General Manager.
“We believe that enabling card acceptance for gold trading will be a game-changer for the Egyptian market, offering a convenient and secure way for investors to engage in this time-honoured form of investment, ultimately empowering more people to diversify their portfolios and safeguard their financial futures.”
Through mnGm, clients can accumulate their gold holdings with minimum purchases of 0.1 grams or buy physical gold with minimum purchases of 8 grams (Gold Coin 24K).
The partnership is the latest in a string of strategic collaborations forged by PayTabs Egypt with leading local and regional brands, such as Valu, Waffarha, Paymes, Jaz Hotels Group, Steinberger Hotels, The Knowledge Hub, and Mazadat.
Through these collaborations, PayTabs Egypt has delivered a smooth and trustworthy payment journey to merchants and customers across various platforms and channels. The impressive expansion and achievements of PayTabs Egypt underscore its dedication to bolstering the e-commerce landscape in the North African country and the broader region.
The company, which is a joint venture between PayTabs and EFG Holding, supports multiple digital payment options, white labelling platforms and a range of e-commerce, m-commerce, and social commerce solutions.
