Saudi’s PayTabs Acquires Amazon Payments MENA in USD 100M+ Deal
Summary
PayTabs agreed to acquire Amazon Payment Services’ regional MENA payments operations in a deal worth more than USD 100 million. The combined business is expected to process over USD 40 billion annually and expand PayTabs’ payments infrastructure across the region. The acquisition should strengthen local compliance, speed up merchant onboarding, and preserve continuity during integration. The deal also concentrates more payments infrastructure under one regional provider and could shift competition in MENA.
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Logistics and Supply Chain
Retail and Commerce
Logistics and Supply Chain Management
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