paymennt.com
Paymennt.com is a UAE-based mobile-first payment platform, operated by PointCheckout FZ-LLC, that enables 5,000+ SMBs and enterprises to accept payments online, in-person, and via payment links through PCI DSS Level 1 compliant infrastructure, POS hardware, and accounting integrations.
- Company typePrivate
- Founded2020
- HeadquartersAbu Dhabi, United Arab Emirates
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What paymennt.com does
Paymennt.com is a UAE-based mobile-first payment platform that enables businesses to accept payments online, in person, and via payment links. Operated by PointCheckout FZ-LLC under license from the Dubai Development Authority (license no. 94485), the platform offers an integrated suite including Payment Links, a Payment Gateway, an Online Shop builder, Subscriptions, Events ticketing, QR Codes, Plugins and APIs, Tap on Phone, and proprietary POS hardware (Pocket POS and Paper POS). The technology stack is PCI DSS Level 1 compliant, supports multi-currency transactions, processes payments through a licensed third-party provider (My Fatoorah), and exposes Terminal and Payment SDK APIs for developer integration. Accounting integrations with Xero and QuickBooks extend the platform into merchant back-office workflows.
The business model combines percentage-based transaction fees (2.6–2.9% + AED 1 per transaction depending on tier), monthly subscriptions (AED 29/month Standard, AED 69/month Premium), and hardware rentals (AED 49/month for Pocket POS). Free entry-level onboarding targets freelancers and micro-merchants, while an enterprise sales motion serves merchants processing above AED 250,000/month with custom rates and API/tokenization access. Customer segmentation is horizontal: SMBs/freelancers, growing businesses, and enterprises, with secondary use-case segments in e-commerce and event organizers. Distribution is entirely direct via website self-serve, mobile app downloads (iOS/Android deep links), and inside sales.
According to the company's own disclosures, Paymennt has processed over AED 1 billion in cumulative transaction volume across 2 million+ transactions for 5,000+ business owners in the UAE. The company employs 51–100 staff and is privately held under the PointCheckout Holding Company group, which also operates PointCheckout BV in the Netherlands — suggesting early cross-border infrastructure. Disclosed funding to date totals approximately $1.3M across seed and pre-seed rounds from 500 Global, Arzan Venture Capital, Dtec Ventures, Dubai Angel Investors, HALA Capital, Oraseya Capital, Startupbootcamp Commerce Amsterdam, and Sheraa Sharjah. No external PE/VC institutional round has been disclosed beyond Oraseya Capital's 2021 participation.
paymennt.com firmographics
Firmographics- Name
- paymennt.com
- Legal name
- PointCheckout FZ-LLC
- Website
- https://paymennt.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Paymennt.com is a UAE-based mobile-first payment platform, operated by PointCheckout FZ-LLC, that enables 5,000+ SMBs and enterprises to accept payments online, in-person, and via payment links through PCI DSS Level 1 compliant infrastructure, POS hardware, and accounting integrations.
- Ownership category
- akta.pro rank
paymennt.com industry classification
Industry- Product category
- Online Payment Processing
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Merchant Payment Gateways (API/Hosted Checkout) (FSAMACAA)
- akta.pro secondary industries
- Request-to-Pay (R2P) & Pay Links (FSAMAFAE), Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE), Bill Pay, Invoicing & Payables Platforms (BPAMAFAF)
Keywords
Where paymennt.com is headquartered
LocationHeadquarters
- HQ city
- Abu Dhabi
- HQ country
- United Arab Emirates
- HQ region
- Middle East
Offices1 record
Markets served
paymennt.com business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain
Revenue model
- Transaction Fees: Percentage-based fees per transaction plus a fixed fee. Basic tier: 2.9% + AED 1 per transaction. Standard tier: 2.6% + AED 1 per transaction. Premium and Enterprise tiers offer custom rates.
- Monthly Subscription: Standard plan at AED 29/month and Premium plan at AED 69/month, providing access to enhanced features and lower transaction rates.
- Hardware Sales: Pocket POS device rental at AED 49/month, providing mobile payment terminal hardware for in-person transactions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Basic: No monthly fee, 2.9% + AED 1 per transaction - entry-level for freelancers and small businesses |
| Subscription | Monthly | Standard: AED 29/month, 2.6% + AED 1 per transaction - growing businesses |
| Subscription | Monthly | Premium: AED 69/month, custom rates - power users and scaling businesses |
| Subscription | Multi-year contract | Enterprise: Custom tailored plan for high-volume merchants |
| Subscription | Monthly | Pocket POS: AED 49/month hardware rental |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
paymennt.com product offering
Product offeringCore offering
Paymennt.com is a mobile-first digital payment services platform that enables UAE-based businesses to accept payments online, in person, and via payment links. It offers a unified suite of payment products including payment links, an e-commerce payment gateway, an online shop builder, subscription billing, event ticketing, QR code payments, tap-on-phone, and Pocket POS hardware, all operating under PCI DSS Level 1 compliance and serving as a technological intermediary between merchants and licensed financial service providers in the UAE.
Product overview
Paymennt is a B2B payment solutions platform headquartered in Dubai, UAE, operating as a subsidiary of PointCheckout FZ-LLC. The platform offers a comprehensive suite of integrated payment products including Payment Links, Payment Gateway, Plugins and APIs, Shops (online shop builder), Subscriptions, Events, QR Codes, and In-Person Payments (POS devices). These products work together as a unified payment ecosystem enabling merchants to accept payments across online channels (e-commerce, payment links, subscriptions, events) and in-person locations (POS devices, QR codes, tap on phone). The platform is PCI DSS Level 1 compliant and targets UAE-based businesses with competitive pricing tiers.
Differentiator
Problem solved
Functional benefit
Products and services
- Payment Links
Quantifiable outcome
- Processed over AED 1 billion in transaction volume
- +2 more outcomes
Companies that use paymennt.com
Customer profileNamed customers3 records
Segments5 records
Ideal customer profiles4 records
paymennt.com technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
Feature9 records
paymennt.com partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and flagship.
- My Fatoorah Payment Services Provider LLCcoreMy Fatoorah serves as the payment processor for Paymennt.com, providing the underlying payment infrastructure and processing services. Paymennt.com reserves the right to change the processor while continuing to provide its technology layer and merchant services.
- PointCheckoutflagshipPaymennt.com is a product brand operated by PointCheckout FZ-LLC (UAE) as part of the PointCheckout Holding Company group. PointCheckout also operates PointCheckout BV in the Netherlands. The Paymennt brand represents the merchant payment services vertical.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
paymennt.com competitors and assessment
Company assessmentDirect peers
- Tap Payments: MENA-focused payment gateway and financial services platform offering online checkout, in-person payments, payment links, and developer APIs. Highly comparable to Paymennt across product surface area and regional SMB focus, with deeper coverage across Saudi Arabia and Kuwait.
- PayTabs: MENA-founded payment gateway and merchant services provider offering online checkout, invoicing, payment links, and POS solutions. Comparable to Paymennt's SMB/enterprise merchant payment stack with similar multi-country expansion history.
- Telr: UAE-headquartered payment gateway and PayFac offering online checkout, POS devices, payment links, and multi-currency support across the MENA region. Closest direct competitor to Paymennt in product mix, geography, and SMB/enterprise targeting.
Broad incumbents
- Checkout.com: Global payment gateway and processing platform serving enterprise merchants with optimized checkout APIs. Comparable to Paymennt's enterprise tier and payment gateway product, though Checkout.com operates at substantially higher scale and is gaining MENA traction.
- Adyen: Global payment platform serving enterprise merchants with unified online, in-person, and platform payment processing. Comparable to Paymennt's enterprise tier with multi-currency and unified dashboard positioning, but Adyen targets much larger merchants and geographies.
- Network International: Leading MENA payment processor and acquirer offering merchant acquiring, payment gateways, and POS solutions. Comparable to Paymennt's gateway and POS offerings, but with materially larger scale, bank relationships, and licensing as an acquirer.
- Square (Block): Integrated payments and POS provider offering hardware (Square Reader, Terminal), online checkout, subscriptions, and invoicing for SMBs. Directly comparable to Paymennt's Pocket POS + Tap-on-Phone + online store + subscription product suite.
- Stripe: Global payment gateway and PayFac infrastructure provider offering merchant APIs, hosted checkout, and a broad fintech platform. Directly comparable to Paymennt's payment gateway, plugins/APIs, and subscription products, though Stripe operates at vastly larger scale and broader geographic scope.
- PayPal: Global digital payments platform supporting online checkout, payment links, subscriptions, and POS through Zettle. Comparable to Paymennt's full-stack SMB payment offering, with PayPal being a supported payment method on the Paymennt platform itself.
Emerging players
- Mamo Pay: UAE-based payment platform offering online payment links, checkout, and merchant services targeting SMBs in the Gulf. Closely comparable to Paymennt's SMB-focused product surface area and UAE geographic focus, though at an earlier growth stage.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
paymennt.com social profiles
Digital presencepaymennt.com compliance and trust
Trust signalCompliance3 records
paymennt.com financial estimates
Financial estimateRevenue estimate
Valuation estimate
paymennt.com leadership team
Management profileNumber of profiles
Profiles2 records
paymennt.com subsidiaries and ownership
Company hierarchySubsidiaries2 records
paymennt.com funding detail
Funding detailFunding overview
Funding rounds4 records
Investors10 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
paymennt.com M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about paymennt.com
What does paymennt.com do?
Paymennt.com is a mobile-first digital payment services platform that enables UAE-based businesses to accept payments online, in person, and via payment links. It offers a unified suite of payment products including payment links, an e-commerce payment gateway, an online shop builder, subscription billing, event ticketing, QR code payments, tap-on-phone, and Pocket POS hardware, all operating under PCI DSS Level 1 compliance and serving as a technological intermediary between merchants and licensed financial service providers in the UAE.
Is paymennt.com a public or private company?
paymennt.com is a private company. It is classified as venture growth investor backed and is currently operating.
When was paymennt.com founded?
paymennt.com was founded in 2020. It employs 51 to 100 people.
Where is paymennt.com based?
paymennt.com is headquartered in Abu Dhabi, United Arab Emirates, in the Middle East region.
How does paymennt.com make money?
Three revenue lines are on record. Transaction Fees are the primary driver. The others are monthly Subscription and hardware Sales.
Who are paymennt.com's main competitors?
Direct peers on record are Tap Payments, PayTabs and Telr. Broad incumbents are Checkout.com, Adyen, Network International, Square (Block), Stripe and PayPal. Mamo Pay is listed as an emerging player.
Does paymennt.com have an API?
Yes. Paymennt offers APIs enabling developers to integrate payment functionality into websites and apps. The Terminal API allows payments to be initiated from an external POS (cash register) to a Paymennt Terminal via Local or Cloud integration. A separate Terminal API enables payments from a merchant's Android application to Paymennt's Android payment application. Additionally, merchants can integrate the Payment SDK on iOS/Android devices within their own applications. Documentation is available at docs.paymennt.com. Developer documentation is at docs.paymennt.com.
What industry is paymennt.com in?
paymennt.com's product category is Online Payment Processing. Its primary akta.pro industry code is FSAMACAA, Merchant Payment Gateways (API/Hosted Checkout), with a secondary code of FSAMAFAE, Request-to-Pay (R2P) & Pay Links. Its NAICS code is 52232 and its SIC code is 6199.