Riyadh - Sharikat Mubasher: PayTabs Group, the award-winning payment solution provider, partnered with the leading shopping and financial services application, Tabby, to bolster the digital economy and boost the growth of the e-commerce sector in the GCC countries, notably Saudi Arabia and the UAE.

Through this partnership, Paytabs aims to elevate businesses on its platform by offering Tabby’s interest and fee-free split payment solution, creating a seamless and secure ‘Buy Now, Pay Later’ experience for merchants.

PayTabs will offer Tabby for merchants in Saudi Arabia and the United Arab Emirates as a payment option on their webstore’s checkout page. With Tabby, online customers and shoppers will be able to split their purchases into four interest and fee-free payments facilitating more time for them to pay.

PayTabs and Tabby target enhancing the customer shopping experience by converting browsers and potential shoppers into real-time buyers, increasing the average shopping cart value, and broadening the merchant’s customer base.

Hany Soliman, Regional Head and Operating Partner for the GCC region at PayTabs, said: “By offering split payment options, we are opening the door for merchants to attract a wider customer base and increase their average transaction size.”

“PayTabs merchants will benefit as they offer their customers the opportunity to purchase every day, premium, or even luxury products with convenient payment options,” Soliman added.

In turn, Zain Khan, Director of Business Development at Tabby, commented: “Combining the power of a strong payment gateway with buy now pay later, retailers have a great opportunity to grow their business. Retailers who join Tabby tend to see their average order value and conversion rates increase, and we can’t wait for PayTabs merchants to experience this growth firsthand.”

Tabby’s business portfolio includes more than 30,000 global brands and small businesses, including H&M, Adidas, IKEA, SHEIN, noon, and more.