Majid Al Futtaim’s Post

Buy Now, Pay Later (BNPL) operators like Zilla rely on customers’ financial data to accurately qualify users for credit at the checkout stage. 🛒⚡️ Using the Mono Connect and Lookup APIs, they can securely access users’ verified statements and identity information and make faster, low-risk decisions. Making it possible for consumers to be speedily financed for their purchases ensures lower cart abandonment rates for businesses that use Zilla. If you’re building a BNPL or retail financing solution and need access to customer data to power your credit-decisioning process, get started with Mono today at mono.co/signup. 🚀

🌟 Exploring New Frontiers: Tabby's Venture into Subscription-Based BNPL in the GCC 🌟 After Klarna's foray in the USA, Tabby is stepping into the spotlight with its subscription-based #BNPL model in UAE through its product called Tabby+, a pioneering approach within the GCC. The UAE's financial landscape already features a #BNPL credit card by Dubai First, but Tabby sets itself apart by offering access to its BNPL card without the usual credit score requirements. To mitigate the risk of defaults, Tabby introduces a monthly subscription fee for its service, distinguishing it from traditional credit offerings like those from Dubai First. The critical question remains: Will the #BNPL audience, typically cautious of monthly subscriptions, embrace this model? With Klarna experimenting with a similar approach in the USA but yet to share insights, the industry watches with bated breath. The success of subscription-based BNPL in the GCC remains to be seen, as it challenges the conventional expectations of its target market. More details on Tabby+ --> https://lnkd.in/dQwbGGi4 #FintechInnovation #GCCFinance #UAE #BNPLModel #FinancialInclusion

#ShopBack is discontinuing its buy now, pay later service, PayLater, from March 22. This decision is part of a periodic review of its business units and is driven by the company's strategic focus on sustainable business models with strong potential for growth. A number of players in the BNPL space have shuttered over the past year, with Pace the most recent to do so. #BuyNowPayLater #StrategicDecision #BusinessModel

Partnership Announcement! 📢 We are thrilled to announce that TotalPay has partnered with Tabby, a leading Buy Now, Pay Later (BNPL) provider, to enhance our payment solutions for merchants. With this collaboration, TotalPay merchants can now seamlessly enable Tabby through our single API integration, alongside other payment methods. This partnership is designed to provide merchants with more flexibility and to offer customers a convenient, interest-free installment payment option at checkout. 🔗 Key Benefits: • Single API Integration: Simplify your payment processing with a unified solution. • Enhanced Customer Experience: Offer flexible payment options and drive more sales. • Streamlined Operations: Manage all payment methods, including BNPL, through one platform. TotalPay is committed to delivering innovative solutions that empower our merchants to succeed. Partnering with Tabby is a testament to this commitment, ensuring that our merchants stay ahead in the competitive e-commerce landscape. To learn more about enabling Tabby with TotalPay, email us at tabby@totalpay.global #Partnership #BNPL #PaymentSolutions #TotalPay #Tabby #Ecommerce #Innovation #CustomerExperience #PaymentGateway #PaymentOrchestration #Fintech #UAEfintech #FintechUAE #Fintechnews #FintechKSA

Shoptreo isn't like Jumia Part 2 At Shoptreo, we're dedicated to providing not just solutions, but innovations that propel your business forward. Our Wholesale App is revolutionizing the way distributors manage and extend credit, ensuring a seamless and prosperous business operation. 🔍 Here's What Sets Our Retail Credit Features Apart: 1️⃣ Credit Receivable Management:Take control of your cash flow with tools designed to manage credit receivables effectively. Our system ensures you maintain a steady cash flow by offering flexible payment options and automating reminder systems. 2️⃣ Advanced Credit Scoring:Understand the creditworthiness of each vendor through our comprehensive credit scoring system. 💡 These features not only simplify credit management but also empower you to make smarter, more informed purchasing and credit decisions on the Shoptreo platform. 👉 Explore these features and see how they can transform your retail operations by visiting www.shoptreo.com. #Shoptreo #RetailCredit #CreditManagement #B2BInnovation #RetailTechnology

There are 2 types of products, Products that capture the market and products that just expand the market manifold. UPI is not a market-capturing product, it is a market expansion product - the impact and value creation are fascinating. It unlocked a massive potential Before UPI, the famous medium to transact was Debit cards, people used debit cards for POS machine transactions or withdrawing cash. If you observe the below numbers, Before the launch of UPI - Debit card txns volume was around 850M with a 2.35L crore value of txns Even today after 8 years of UPI, tho the volume of txns of took a plunge, the value of txns somewhere remains constant. But what it unlocked is a separate potential, today UPI is 10 times bigger in volume and 6 times bigger in the value of transactions when you compare it with debit cards

Looking for a smarter way to shop online? 🛍️💳 Ever heard of Buy Now, Pay Later (BNPL) services? They're changing the game! 💥 Imagine being able to split your payments into interest-free installments, making your purchases more affordable and budget-friendly. With BNPL, you can do just that! Whether you're eyeing that new gadget, a cozy couch, or planning your next getaway, BNPL has you covered. But it's not just consumers who benefit. Retailers are seeing a boost in conversions and higher average order values. By offering BNPL options, businesses are breaking down financial barriers and enticing shoppers to explore and buy more. Are you ready to experience the convenience and flexibility of BNPL? #BuyNowPayLater #Shopping #VolkornInnovates

We're all set to provide instant settlements for a merchant's earned revenue! If you are platform looking to: 1. Streamline your settlement payout process and unlock credit days 2. Boost NPS through same day settlements for merchants We have what you're looking for - let's chat! #Klub #Fintech

Buy Now Pay Later is taking over the online payment game. BNPL services offer customers convenience and flexibility. According to research by Sezzle and studio ID, 32% of consumers use BNPL to avoid paying interest. Do you offer BNPL payments in your online store? 🤔💸 #ecommerce #BNPL #ecommercetrends #retailssales

Buy Now Pay Later is taking over the online payment game. BNPL services offer customers convenience and flexibility. According to research by Sezzle and studio ID, 32% of consumers use BNPL to avoid paying interest. Do you offer BNPL payments in your online store? 🤔💸 #ecommerce #BNPL #ecommercetrends #retailssales