PAYFORT partners with ValU to help Egyptian installment payments

Wednesday 26 February 2020 11:32 CET | News

UAE-based online payment gateway owen by Amazon PAYFORT has teamed with Egypt-based financial services company valU for installment sales services.

The aim of the partnership is to offer payment plans to a wide group of renowned ecommerce stores who have fueled their growth through partnering with PayFort. The agreement avails yet another checkout method for Egyptian online shoppers.

The ‘buy now, pay monthly’ service allows valU customers in Egypt to access 3-60 months installment options for online purchases. PayFort’s seamless integration with merchant sites allows customers to checkout with just two clicks. To date, this simple process has helped merchants in the region increase payment success rates by 12%, overall sales by 8-10%, while decreasing the number of abandoned online shopping carts by up to 10%.

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Keywords: PayFort, VaIU, Online Payment Gateway, partnership, online payments, installment sales, retail payments, ecommerce, merchants, Egypt, EMEA, UAE
Categories: Payments & Commerce
Countries: Egypt
This article is part of category

Payments & Commerce