Page 20 - BKN301 PR Report - June 2024

BKN301 Group uses its BaaS Orchestrator solution ‘301pay’ to elevate MENA’s eCommerce landscape | Web Release

TECHNOLOGY

BKN301 Group Uses Its BaaS Orchestrator Solu on ‘301pay’ To Elevate

MENA’s ECommerce Landscape

By Editor_wr On Jun 24, 2024

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Leading the charge in innova on, BKN301 Group’s advanced BaaS orchestrator payment gateway solu on ‘301pay’
has been providing businesses of all sizes with unprecedented control over their payment processes, contribu ng

to the ongoing growth of the MENA eCommerce market. The mul -merchant payment orchestrator pla orm allows
businesses to effortlessly accept payments from customers worldwide through developer-friendly APIs, further
streamlining global transac ons and expanding market reach, while improving customer sa sfac on. The Middle

East’s eCommerce market is projected to a ain a valua on of USD 50 billion by 2025, due to the widespread
adop on of cu ng-edge technologies, growth of a young and tech-savvy popula on, and burgeoning disposable

income levels in the region. Moreover, governments and organisa ons across the MENA region are key advocates
of advanced digital transac on systems, driving the growth of the wider fintech infrastructure.

As a leading digital payments and Banking-as-a-Service (BaaS) provider, BKN301 Group has designed the ‘301pay’
solu on to revolu onise the eCommerce landscape. The B2B solu on allows eCommerce businesses to easily

manage the payment acceptance process, ensuring security and compliance with regula ons through its unique
features such as one-click payment, mul -currency op ons, recurrent payment system, pay by link and QR

payments, checking account, and customer collec on disbursement services.

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