Mastercard and Spotii partner to provide buy-now-pay-later options in the Middle East

Monday 23 November 2020 11:28 CET | News

UAE-based ecommerce payment tech provider Spotii and Mastercard have partnered to facilitate a buy-now-pay-later payment plan and offer consumers access to instalment payment options.

The aim of the partnership is to support the ecommerce ecosystem in the Middle East region through the provision of products that assist merchants with growing their customer base. It also provides consumers a budgeting tool that allows them to manage expenses over a period of time.

Through this partnership, Spotii’s services will extend to Mastercard’s merchant network. Spotii and Mastercard will also collaborate to introduce several new digital payment products. Consumers can sign up to become part of Spotii’s platform and pay in instalments at over 600 beauty and fashion outlets across the GCC.

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Keywords: MasterCard, Spotii, partnership, MENA, buy-now-pay-later, instalments, ecommerce, merchants, consumers
Categories: Payments & Commerce
Countries: Middle East
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Payments & Commerce

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