Checkout.com, a global digital payments solutions provider headquartered in London, has partnered with Tabby, a financial services and shopping app based in Riyadh, to offer flexible payment solutions to merchants in the UAE and Saudi Arabia.
This partnership integrates Tabby’s BNPL services into Checkout.com’s platform, enabling merchants to provide consumers with alternative payment options at checkout.
As part of the agreement, Checkout.com has incorporated Tabby’s BNPL services into its platform, allowing merchants to meet growing consumer demand for flexible payment methods.
The integration is expected to enhance conversion rates, increase average order values, and improve the overall shopping experience.
The BNPL market in the Middle East has seen significant growth, with adoption rates reaching 62% over the past year, according to Checkout.com’s latest Digital Commerce Report.
The rise in popularity is driven by consumer interest in alternative credit solutions.
Abdulaziz Saja, General Manager for Saudi Arabia at Tabby, stated:
“By partnering with Checkout.com, we’re bringing Tabby’s flexible payments to even more merchants. This gives Checkout.com’s businesses access to Tabby’s +15 million high-intent shoppers while offering their customers greater flexibility at checkout.”
Remo Giovanni Abbondandolo, General Manager for MENA at Checkout.com, commented:
“At Checkout.com, we believe in the strategic value of payments in increasing revenue for our merchants through high-performance solutions, and this partnership reinforces our commitment to delivering services that drive business growth and improve customer experiences.”
He added that BNPL remains a preferred payment method for online shoppers in the UAE and Saudi Arabia, with adoption rates at 39% and 42%, respectively, over the past 12 months.
With an 80% increase in daily online shopping since 2020, consumers in the region are increasingly open to new payment options.
By integrating Tabby’s BNPL services into a single platform, Checkout.com aims to simplify the process for merchants, enabling them to offer flexible payment options with minimal integration effort.
Featured image credit: edited from freepik
