Paymob brings 0% installments to HUAWEI Egypt’s new devices

HUAWEI customers in Egypt can now buy the brand’s new devices in installments through Paymob, HUAWEI Egypt’s payment partner for the launch.

Shoppers can spread payments over 24 months with no down payment, no interest and no admin fees using cards from Paymob’s partner banks, or pay in 6 months installments with valU.

The Valu offer runs on Paymob’s payment gateway, so customers can use it on HUAWEI’s online store, in HUAWEI stores, and at retail partners including 2B, B.TECH and Dubai Phone.​

HUAWEI Egypt revealed the new lineup on 14 October at the Grand Egyptian Museum. Alongside the nova 16s Series and FreeBuds NEO, the launch included the HUAWEI MatePad Air tablet and the HUAWEI WATCH GT7 Series.

Offers are subject to the terms and conditions of participating banks and valU.

Paymob

Paymob is the leading financial services company in the Middle East and North Africa (MENA), working to put advanced financial technologies in the hands of customers across the region.

Its omnichannel gateway offers 60+ payment methods and empowers over 390,000 merchants to manage and grow their businesses by providing innovative financial services that are not easily accessible in emerging markets.

Paymob was founded in 2015 by Islam Shawky, Alain El Hajj, and Mostafa Menessy. It was licensed by the Central Bank of Egypt, then entered the United Arab Emirates in 2023 and obtained a license from the Central Bank of the UAE.

Paymob opened its Riyadh office in 2023 and obtained the Payment Technical Service Provider (PTSP) license from Saudi Payments, paving the way to launch its operations in the Kingdom of Saudi Arabia. It then opened its office in Oman in 2023.

The company is backed by leading regional and global investors, including Mubadala, EBRD, PayPal Ventures, Kora Capital, Clay Point Capital, Global Ventures, FMO, A15, British International Investment, Helios Digital Ventures, and DPI.