Egyptian payment gateway Vapulus ranked among top 15 payment gateways worldwide
The Egyptian payment gateway Vapulus is now one of the top 15 payment gateways worldwide, according to Finance Online’s latest ranking, that reviewed the best 74 payment gateway solutions worldwide including Amazon pay and Paypal, becoming the 1st Egyptian FinTech solution to achieve this prominent rank.
According to the latest update of the list, this February, Vapulus is ranked 14th among payment gateways globally, after achieving 8.9 points out of 10, in Finance Online’s scoring system, to be the only 0% fees in the list, with no hidden fees or subscriptions.
The ranking process of Finance Online followed a tough methodology, that reviewed each payment gateway, its features, and combined it with client reviews, and the business model of the gateway, where Vapulus is reviewed as an integrated FinTech solution for e-payment and marketing management that serves all segments of commercial clients across various sectors, specially E-commerce platforms.
“We’re so proud of being the 1st payment gateway of an Arab origin specifically from Egypt to achieve this rank in a 3rd party independent ranking. This success comes as a direct result of adopting a creative business model, built on carefully studying all variables of the market. We don’t wait for the future, we bring it for our partners of success, our clients!” said Abdelrahman Elsharawy, co-founder and CEO of Vapulus.
“Our creative business model enabled us to achieve 38% quarter over quarter average growth by 2018, and 2019, as Vapulus is the only 0% fees payment gateway worldwide, we follow a float interest rate per night, multi revenue stream, and forex arbitrage model in generating revenues, which made it very attractive for merchants” Elsharawy added.
E-payment gateways are the interface between merchants and their customers, enabling merchants to receive their customers payments using electronic payment methods including debit/credit cards, wallets, and bank accounts.
And since its establishment, 4 years ago, Vapulus – Headquartered in Cairo – had developed outstanding E-payment solutions that offers a unique, easy, and safe payment experience, in retail, mobile apps, and online markets.