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Splitit partners with Middle East BNPL provider tabby

Monday 28 June 2021 13:22 CET | News

US-based credit payments solution provider Splitit has announced a partnership with tabby, Middle East Buy Now Pay Later (BNPL) provider. 

tabby will integrate Splitit's instalment payment platform through a white-label solution to allow tabby's merchants to offer instalments on credit cards. The integration of Splitit will also allow tabby to expand its offering to new merchant categories and those with higher average order values.

tabby will integrate Splitit's technology into the tabby BNPL platform to provide shoppers with an additional option to pay in installments over time using their credit card. The integration to tabby's BNPL platform is expected to be completed by the end of Q3 2021.

tabby is a BNPL provider serving the United Arab Emirates (UAE) and Saudi Arabia, supporting more than 2,000 merchants, including Ikea, SHEIN, Marks and Spencer, adidas, and Toys R Us. tabby offers a consumer financing option for shoppers to pay for items in four equal instalments and integrates directly into merchant checkouts or POS systems and does not charge shoppers interest.

Splitit is a payment solution provider that enables shoppers to use the credit they've earned by breaking up purchases into monthly interest-free instalments using their existing credit card. Splitit enables merchants to improve conversion rates and increase average order value by giving customers a payment method for purchases over time without requiring additional approvals. 

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Keywords: partnership, ecommerce, BNPL, instalment payments
Categories: Payments & Commerce
Companies:
Countries: Middle East
This article is part of category

Payments & Commerce






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