Growing Regional Presence Tap Payments has recently expanded its regulatory approvals across the GCC by securing a Retail Payment Services License from the Central Bank of the UAE. This demonstrates a strong regional growth trajectory and a commitment to operating across multiple markets in the Middle East, offering opportunities to pitch comprehensive payment solutions tailored for regional expansion.
Strategic Partnerships The company has established notable partnerships with Mastercard, launching innovative payment services like Click to Pay with Payment Passkey to enhance secure ecommerce transactions. These collaborations indicate a focus on advanced technology integration, making Tap Payments an attractive partner for businesses seeking cutting-edge payment solutions.
Increasing Market Share With a customer base exceeding 100,000 businesses and consistent product launches, Tap Payments is positioning itself as a competitive player in the Middle Eastern and North African payments space. There is a clear opportunity to target similar regional businesses or global companies expanding into MENA, offering scalable and secure payment processing solutions.
Tech-Driven Innovation Tap Payments utilizes a modern tech stack including Google Cloud, PostgreSQL, and API integrations like Xero, indicating a focus on seamless, secure, and scalable payment technology. This openness to innovation signals potential for upselling advanced payment tools, API integrations, and tailored financial technology solutions.
Market Trend Alignment As the company secures licenses and launches new services in line with global ecommerce trends, there is a significant opportunity to engage with their expansion strategies by offering complementary financial products, expansion services, and technology integrations to support their growth in mature and emerging markets.