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MyFatoorah

MyFatoorah

Gulf State Payments

VS

Elavon

Multi-Currency

Elavon
Fees from
From 2.5% per transaction vs 0.16% + $0.25 + interchange
Features

1 shared

1 unique to MyFatoorah · 2 unique to Elavon
Regions

0 shared

1 unique to MyFatoorah · 3 unique to Elavon
Pay methods

5 shared

5 unique to MyFatoorah · 3 unique to Elavon

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4 features · 13 payment methods · 4 regions. We don't rank these — they're here for reference.
MyFatoorah MyFatoorah
Elavon Elavon
Quick Facts
Fees
Standard transaction rate
From 2.5% per transaction
0.16% + $0.25 + interchange
Settlement
Time to receive funds
2–3 business days
1–2 business days
Founded
2014
1991
Headquarters
Kuwait City, Kuwait
Atlanta, Georgia
Sandbox / Test Mode
✓
✓
Webhook Support
✓
✓
Features
Elavon leads (3 vs 2)
Enterprise Unique
—
✓
Instant Payout Unique
—
✓
Recurring Payments
✓
✓
Startup Friendly Unique
✓
—
Payment Methods
MyFatoorah leads (10 vs 8)
Amex
✓
✓
Apple Pay
✓
✓
Credit Card Unique
✓
—
Debit Card Unique
✓
—
Diners Unique
—
✓
Discover Unique
—
✓
Google Pay
✓
✓
Jcb Unique
—
✓
Knet Unique
✓
—
Mada Unique
✓
—
Mastercard
✓
✓
Mobile Wallet Unique
✓
—
Visa
✓
✓
Regions
Elavon leads (3 vs 1)
Europe Unique
—
✓
Latin America Unique
—
✓
Middle East Unique
✓
—
North America Unique
—
✓

MyFatoorah is best when you...

Gulf State Payments
Need Startup Friendly
Not available with Elavon
Want coverage in Middle East
Elavon doesn't cover this region
View MyFatoorah

Elavon is best when you...

Multi-Currency
Need Enterprise
Not available with MyFatoorah
Need Instant Payout
Not available with MyFatoorah
Want coverage in Europe, Latin America, North America
MyFatoorah doesn't cover these regions
View Elavon

Frequently Asked Questions

What is the difference between MyFatoorah and Elavon?
They share 5 payment methods and 0 regions. MyFatoorah adds Credit Card, Debit Card, KNET and 2 more that Elavon does not list; Elavon adds Diners Club, Discover, JCB that MyFatoorah does not list; MyFatoorah also covers Middle East; Elavon also covers Europe, Latin America and 1 more.
Which is cheaper, MyFatoorah or Elavon?
MyFatoorah has published rates from From 2.5% per transaction; Elavon has published rates from 0.16% + $0.25 + interchange. Headline rates exclude fixed per-transaction fees, FX and chargeback costs, so model your own mix before deciding.
Where can I use MyFatoorah and Elavon?
MyFatoorah lists 1 region and 10 payment methods; Elavon lists 3 and 8. Check the country list on each profile before onboarding — regional coverage is not the same as local acquiring.
How do MyFatoorah and Elavon compare on integration and settlement?
both offer a sandbox; both support webhooks; MyFatoorah settles in 2–3 business days, Elavon in 1–2 business days.

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