Cairo - Sharikat Mubasher: Valu, the leading fintech powerhouse in the Middle East and North Africa (MENA) region, forged a strategic partnership with PayTabs Egypt and ShipBlu to transform payment methods for e-commerce deliveries in Egypt.
This collaboration will enable Valu customers to use their Valu limit to pay for online orders delivered by ShipBlu directly through ShipBlu's myBlu application, even if the seller is not within the Valu merchant network, a recent statement unveiled.
PayTabs Egypt will harness its secure payment processing technology to facilitate this seamless payment integration via payment-on-delivery (PoD).
Payment methods supported include credit or debit card payments, QR code payments, and eWallets, and are now enhanced by Valu's financing services.
Through this collaboration, PayTabs Egypt's payment platforms will offer Valu's innovative fintech solutions to ShipBlu’s myBlu application.
Motaz Lotfy, Business Development and Strategic Partnerships Senior Director at Valu, stated that the collaboration with PayTabs Egypt and ShipBlu marks a significant milestone in the company’s mission to provide flexible and accessible financing options for customers.
“This partnership enables us to bridge the gap between traditional cash-on-delivery models and digital payment methods, providing a seamless and efficient experience for all users via ‘Payment on Delivery’ (PoD),” Lotfy added.
On his part, Ali Nasser, Co-Founder and CEO of ShipBlu, commented: “Our seamless partnership with Valu and PayTabs Egypt demonstrates the robustness of the infrastructure we've built to manage the finances of domestic logistics. By providing six different payment methods at your door, we hope to make the online shopping experience even more convenient for shoppers and help our shippers grow their customer base.”
Valu provides customizable financing plans for up to 60 months across more than 6,500 points of sale and over 2,000 websites and applications, covering various categories, including home appliances, electronics, residential solar solutions, healthcare, education, travel, and fashion.