US-based Alternative Payments has added mCoinz to its payments offering to tap into new markets across the Middle East.
mCoinz vouchers are available at over 60,000 point of sale locations in UAE, Kuwait, Bahrain, Oman, Jordan, Lebanon, Saudi Arabia and Egypt.
Using mCoinz, users can pay for goods and services from online web shops without using credit card or bank account.
After selecting the mCoinz payment option at the Alternative Payments checkout, users need to enter the unique PIN to approve the transaction. Transactions will be processed in real-time and chargeback free.
Alternative Payments president Wolf Kring said: “With offering mCoinz, we tap into a region of the world where usual credit card acquirers often are not willing to do business. Our aim is to provide merchants with a real-time, risk-free and simple way to boost sales, without all the hassle and risk associated with card processing in this region.
“The integration with mCoinz strengthens our leading position and confirms not only our international growth but also our commitment to serve all our customers’ needs.”