In a significant move to drive the expansion of e-commerce in the Kingdom of Saudi Arabia and the United Arab Emirates, PayTabs Group, a leading MEASA payment solutions firm, has forged a strategic partnership with Tabby, a MENA-based shopping and financial services app. This collaboration aims to leverage Tabby’s interest- and fee-free split payment solution to elevate businesses on the PayTabs Payments platform and enhance the overall customer shopping experience.
Elevating Businesses with Tabby
The core objective of this partnership is to enable businesses on the PayTabs Payments platform to thrive by harnessing the power of Tabby’s innovative split payment solution. Companies can now offer their customers a hassle-free and interest-free method of dividing payments, attracting a wider customer base, and increasing their average transaction size. By implementing this solution, businesses can ensure a seamless checkout process while enhancing their revenue potential.
Tabby as a Payment Option
PayTabs will integrate Tabby as a payment option on webstores’ checkout pages, providing merchants in Saudi Arabia and the United Arab Emirates with a convenient and user-friendly payment method. This functionality offers added flexibility for customers, making transactions more accessible and encouraging them to complete their purchases. The inclusion of Tabby as a payment option demonstrates PayTabs Group’s commitment to providing diverse and tailored payment solutions that cater to the evolving needs of merchants and customers alike.
Split Payment Options for Customers
With the integration of Tabby, online customers and shoppers will have the option to split their purchases into four interest and fee-free payments. This feature grants users more time to settle their payments, ultimately boosting their purchasing power. By leveraging this capability, customers can enjoy a seamless and flexible shopping experience, increasing their satisfaction and likelihood of making repeat purchases.
Enhancing the Customer Shopping Experience
One of the primary objectives of this partnership is to convert browsers and potential shoppers into real-time buyers by revolutionizing the traditional shopping experience. By offering a simplified and convenient payment method, businesses can effectively cater to millennial shopping habits and tap into the growing digital adoption surge in the region. The partnership between PayTabs and Tabby aims to provide a superior customer experience, effectively meeting the evolving demands and expectations of today’s consumers.
E-commerce Growth in the Region
The e-commerce sector in Saudi Arabia and the UAE has experienced remarkable growth, driven by changing consumer behaviors and the rapid adoption of digital technologies. According to ecommercedb.com, this flourishing trend shows no signs of slowing down. The strategic collaboration between PayTabs Group and Tabby taps into this exciting market potential, providing merchants with the opportunity to capitalize on the growing e-commerce landscape.
Establishing an Innovative Ecosystem
The partnership between two renowned regional fintech brands paves the way for an innovative ecosystem designed to bring immense value to merchants while elevating their customers’ shopping experience. By combining the strengths of a robust payment gateway with the convenience of buy now pay later functionality, retailers can unlock unprecedented growth potential and drive customer loyalty. This powerful alliance sets the stage for a seamless and rewarding shopping journey for businesses and customers alike.
Combining a payment gateway with Tabby’s buy now pay later feature presents a compelling opportunity for retailers to further expand their businesses. By offering flexible payment solutions, businesses can attract a larger customer base and facilitate larger transactions. This combination of cutting-edge payment technology and convenient payment options helps businesses establish a competitive edge and fuel long-term growth.
Experience Growth with Tabby
Retailers who have already joined Tabby have witnessed a surge in their average order value and conversion rates. This powerful testimony speaks to the effectiveness of Tabby’s split payment solution and highlights the significant growth potential for PayTabs merchants. This partnership marks an exciting development for businesses seeking to tap into market trends, boost their revenue streams, and create lasting connections with their customers.
The collaboration between PayTabs Group and Tabby represents a significant milestone in advancing e-commerce growth in Saudi Arabia and the UAE. By joining forces, these two industry-leading fintech brands are poised to reshape the shopping experience, drive revenue growth for businesses, and meet the evolving demands of consumers. With innovative solutions and a commitment to excellence, PayTabs and Tabby are well-positioned to unlock new possibilities in the dynamic e-commerce landscape, creating endless opportunities for merchants and ensuring a seamless and rewarding shopping journey for customers.