Tabby Integrates BNPL Platform with Checkout.com
Checkout.com, a global leader in digital payment solutions, has teamed up with Tabby, a prominent financial services and shopping app, to provide merchants in the UAE and Saudi Arabia with flexible, high-performance payment solutions.
This collaboration embeds Tabby’s Buy Now, Pay Later (BNPL) services directly into Checkout.com’s platform, enabling merchants to offer seamless, flexible payment methods during checkout. With this integration, merchants can take advantage of the growing demand for alternative payment methods, enhancing sales, conversion rates, and average order values.
As the BNPL market in the Middle East experiences rapid growth, with adoption rates reaching 62% over the last 12 months, Checkout.com’s partnership with Tabby aims to drive this trend further. This expansion is fueled by the rising consumer demand for more flexible payment and credit solutions.
The partnership combines Checkout.com’s advanced payment technology with Tabby’s flexible financing solutions to create a powerful ecosystem. By offering these services, merchants can meet consumer preferences for payment options, improving the overall shopping experience and driving business growth.
Abdulaziz Saja, General Manager of KSA for Tabby, commented, “Partnering with Checkout.com enables us to bring Tabby’s flexible payments to more merchants, granting access to over 15 million high-intent shoppers while offering greater checkout flexibility for customers.”
Remo Giovanni Abbondandolo, General Manager of MENA for Checkout.com, added, “We’re thrilled to partner with Tabby to offer more payment options to businesses in the UAE and Saudi Arabia. This collaboration demonstrates our commitment to delivering solutions that drive revenue growth and improve the customer experience.”
In the past year, BNPL has become increasingly popular among online shoppers in the UAE and KSA, with adoption rates of 39% and 42%, respectively. This growth highlights the region’s demand for flexible payment solutions, further supported by an 80% increase in daily online shopping since 2020.
By integrating Tabby’s BNPL services into a unified platform, the partnership ensures a smooth and efficient integration, ultimately enhancing the consumer experience and driving higher conversion rates and customer satisfaction for merchants.