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PayTabs to acquire Amazon Payment Services MENA

PRIVATESep 05, 2026•2 days ago

Acquiring Company

PayTabs

Acquired Company

Amazon Payment Services

SeattlePaymentsE CommerceFintechInformation TechnologyE Commerceinformation technology & services

Description

PayTabs has reportedly agreed to acquire the MENA operations of Amazon Payment Services for over $100 million. This acquisition will integrate Amazon's payments operations into PayTabs' existing infrastructure, significantly enhancing their market presence. The combined entity is projected to process more than SAR 150 billion annually in transactions. Details regarding the exact purchase price and operational integration are yet to be disclosed.

Company Information

Company

PayTabs

About

PayTabs is an award-winning payments solutions powerhouse founded by Saudi entrepreneur Abdulaziz Al Jouf. Having processed the first live payment gateway transaction in June 2014, today PayTabs processes transactions in multiple currencies and markets, swiftly and securely. Using API plugins, PayTabs facilitates seamless e-commerce, m-commerce, and social commerce solutions for merchants and super merchants to 'plug and play' payment features on to their websites. Originally backed by Saudi Aramco's "Waed" and later by private investment, over the years, PayTabs has in-built and exported a full stack of game changing solutions. These include mobile applications, hospitality, governmental, education, airline, travel, transport, and biller solutions, to interlink the multi-billion-dollar enterprise market chain in the MENA region.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Amazon Payment Services?

Amazon Payment Services was acquired by PayTabs. The deal was reported on September 5, 2026. PayTabs is an award-winning payments solutions powerhouse founded by Saudi entrepreneur Abdulaziz Al Jouf. PayTabs is privately held and operates in Payments.

When did PayTabs acquire Amazon Payment Services?

PayTabs's acquisition of Amazon Payment Services was reported on September 5, 2026. PayTabs has reportedly agreed to acquire the MENA operations of Amazon Payment Services for over $100 million. This acquisition will integrate Amazon's payments operations into PayTabs' existing infrastructure, significantly enhancing their market presence. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Amazon Payment Services do?

Amazon Payment Services is a prominent provider of digital payment solutions in the Middle East and North Africa region. They offer a range of services designed to simplify online payments for merchants. It is publicly traded (AMZN), operating in Information Technology, and is based in Seattle.

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