Paymob and Tabby partner to bolster e-commerce in Egypt
Paymob, an Egyptian payment, and shopping app have partnered with Tabby, a Dubai-based buy-now-pay-later platform, to fuel growth for retailers in Egypt by enabling businesses across Paymob’s network to benefit from Tabby’s split in-four, interest and fee-free payment solution via Paymob’s gateway.
The two fintech will seamlessly integrate Tabby’s BNPL solution into Paymob’s platform as an option for its online and in-store retailers and will be available to over 120,000 merchants.
With e-commerce growing rapidly in the Middle East, this partnership would have a long-lasting impact on the tech ecosystem in the region.
Paymob enables over 30 online and in-store payment methods and empowers over 120,000 small and medium merchants to manage and scale their businesses.
Ahmed Khalil, Tabby Egypt’s general manager, says there is a strong demand for greater financial freedom and flexibility to enable consumers to make their purchases.