Riyadh - Sharikat Mubasher: The Saudi leading buy now pay later (BNPL) solutions provider Tamara teamed up with Paymob, the leading financial services enabler, to foster the growth of small and medium-sized enterprises (SMEs) in the GCC region, a recent statement revealed.

Through this partnership, Tamara will integrate its BNPL service with Paymob’s secure gateway to power seamless payments by enabling customers to split their payments in four without any hidden fees or interest.

The partnership also aims to create a payments ecosystem that enables merchants to offer more comprehensive solutions and seamless customer experiences.

It will initially serve merchants in Saudi Arabia and the UAE in the first phase, with more countries to be included later.

Turki Zarah, Co-founder and CCO of Tamara, stated that the partnership with Paymob provides access to Tamara’s services to thousands of SMEs to enable their growth across the region.

“As a leading commerce enabler, we are revolutionizing how people shop, pay, and bank and are thrilled to partner with Paymob as we deliver on this goal,” Zarah added.

On his end, Islam Shawky, Co-founder and CEO of Paymob, commented: “There is a massive opportunity to enable merchants in the GCC to capitalize on the power of alternative payment methods and we are thrilled to partner with Tamara to fuel this growth in MENA.”

It should be mentioned that Paymob’s omnichannel payments infrastructure serves 250,000 merchants in the region, while Tamara has over nine million registered users and more than 30,000 partner merchants.