MyFatoorah

What is MyFatoorah and what do they do?

MyFatoorah is a licensed payment service provider founded in Kuwait in 2016 by Abdullah Al Dabous. It has grown into a payment gateway covering eight markets across the Middle East and North Africa: Kuwait, Saudi Arabia, the UAE, Qatar, Bahrain, Oman, Egypt, and Jordan.

The platform gives merchants a single connection to accept both international and local payment methods, including Visa, Mastercard, Apple Pay, mada, KNET, Benefit, NAPS and Meeza. Beyond core acquiring, MyFatoorah offers payment links for one-off collections, invoicing sent via WhatsApp, email, and SMS, a hosted checkout page, POS solutions, and a reporting dashboard covering payments, settlements, and refunds. On the technical side, it provides a REST API and a library of plugins for common e-commerce and accounting platforms, so businesses can go live without building a custom integration.

Who is it for?

MyFatoorah serves businesses of all sizes across the GCC, Egypt, and Jordan that need to accept payments online or in person — from SMEs and individual merchants collecting one-off payments, to larger e-commerce platforms and multi-vendor marketplaces managing recurring transactions and payouts to multiple sellers. Its marketplace tooling is built specifically for platforms that need to onboard several merchants and automate split payments.

Why do businesses choose MyFatoorah?

• Regional coverage in one connection — a single integration reaches shoppers in eight MENA markets, including the local payment methods each market expects (mada in Saudi Arabia, KNET in Kuwait, Benefit in Bahrain, Meeza in Egypt).
• Fast settlement — funds are typically deposited to the merchant's account within 24 hours of a completed transaction.
• Flexible collection tools — merchants can collect through a hosted checkout, shareable payment links, or invoices sent directly via WhatsApp, email and SMS, without needing a full storefront.
• Marketplace support — built-in tools for onboarding multiple vendors and automating payouts, aimed at platforms rather than single-merchant setups.
• Broad plugin coverage — ready-made integrations for popular e-commerce and accounting platforms shorten the path from signup to accepting live payments.

Businesses using Corefy can simply obtain a MID from MyFatoorah and connect it to Corefy's dashboard in a few clicks, without dealing with any integration work.

Is MyFatoorah trustworthy?

MyFatoorah is licensed and regulated by central banks across the markets it operates in, including the Saudi Central Bank (SAMA). It has been operating since 2016 and maintains local offices across all eight of its markets. The platform processes over $4.5B in transaction volume for more than 80,000 merchants, and its infrastructure adheres to PCI DSS security standards to protect payment data.