PalPay
Palestinian company specialized in electronic payment.
Last updated September 2, 2026
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Overview
PalPay is a Palestinian company specialized in electronic payment. It offers a range of digital financial services including the electronic wallet application 'Mahfazati PalPay', Visa cards, bill payment, and merchant solutions.
History
PalPay was established in 2010 as the first digital wallet in Palestine. In 2014, it launched an aid management system. In 2017, it won the award for best electronic payment company in the Middle East. In 2020, it launched its electronic wallet 'Mahfazati' with official license from the Palestine Monetary Authority. In 2024, it launched instant payment and bill payment services.
- 2024
Launch of instant payment and bill payment services
- 2020
License and launch of electronic wallet
- 2017
Award for best electronic payment company in the Middle East
- 2014
Launch of aid management system
- 2010
Establishment
Products and positioning
Mahfazati PalPay app
Electronic wallet application for individuals to send/receive money, pay bills, and shop.
Visa cards
Free Visa cards for online shopping and payments.
Rawateb salary program
Service to transfer salaries electronically to employees' wallet accounts.
Sources5 sources
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