Micro traders and freelancers in the UAE and Saudi Arabia can use Paymes to set up free online stores and receive payments via social media.

Paymes will serve as PayTabs social trading platform in the MENA region. Designers, tailors, yoga instructors, trainers, painters, musicians, landscape artists, and other small business owners will be given the opportunity to log into the Paymes platform, create their digital storefront and instantly turn their business ideas into profit. The whole process, including uploading the freelancers’ documents, is easily handled by PayTabs and Paymes in minutes.

According to data from the World Economic Forum and as a result of the pandemic, the UAE saw a 197 percent increase in hiring digital freelancers in 2020. This presents a great opportunity to enable freelancers to receive secure payments through social media.

Providing information on the launch of Paymes in the UAE Neelam Keswani, Director of PayTabs UAEsaid: “Paymes helps the seller create a store display case and shopping cart for their customers and share it in the environment they interact with. This environment can be WhatsApp, Instagram or other social media. This helps the seller complete the sale faster instead of directing the customer to a website.During the pandemic, we have witnessed an increase in micro-enterprises and freelancers such as artisans, photographers, fitness trainers and home bakers. Paymes enables these entrepreneurs to accept payments within minutes with minimal documentation.As an entrepreneur, I am happy to be a part of this technology that will enable the gig economy to grow and add value to the UAE economy.”

Getting paid with Paymes becomes easier and costs are reduced

Paymes Co-Founder Hasan Jabbarov He also notes, “In the e-commerce sector, as entrepreneurs and businesses struggle to cover the high costs of setting up their own websites, solutions like Paymes are helping micro-enterprises. many advantagesoffers. By providing new opportunities for freelancers and micro-enterprises, it provides opportunities for online shoppers to create their own digital showcase, add favorite products from the web store to the cart, fill in delivery details and receive payments securely. This is exactly the convenience that the Paymes platform and mobile applications bring to the business world.”

With the Paymes platform, GCC’s gig economy gives entrepreneurs the advantage of being able to instantly value their talents and creativity by sharing secure payment connections across nine different social media platforms, including Facebook, WhatsApp and Instagram. In addition, merchants can accept contactless payments by creating a static QR code, which is the safest way to receive payments online or in-store. Paymes also allows users to set up a mini e-commerce web store known as the ‘Paymes store’. This webshop can be customized and branded. Thus, no websites need to be designed and developed by professional agencies, providing additional cost savings for small business owners setting up a payment infrastructure.

According to Arab News, the number of local freelancers has nearly doubled in the first half of 2021, while Saudi Arabia’s self-employment growth is accelerating as the economy shows more signs of recovery from the pandemic. According to the Saudi Ministry of Human Resources and Social Development, most freelancers are between the ages of 20 and 30 and most work in family businesses such as graphic design, marketing, advertising, jewelry design, real estate services, crafts and coffee shops.

Mohammed Alsaud, Director of PayTabs KSA, added: “Paymes is a great platform where all business owners can quickly and effectively collect payments to take advantage of increased revenue, expansion and their customers. This solution prepares all entrepreneurs for the next phase of their e-commerce journey by helping them reduce costs compared to their local market competitors.”

Paymes, which has 850 thousand users worldwide, as well as Turkey and Azerbaijan, is also open for use in Egypt, Africa’s main market for PayTabs.

Source: (BYZHA) – Beyaz News Agency