Network International and tabby to offer BNPL service in UAE

By Gloria Methri

Network International is partnering with buy now, pay later (BNPL) provider Tabby to enable online merchants in the UAE to offer customers the option to split their purchases into four interest-free payments.

The agreement will enable UAE online merchants using Network’s N-Genius™ Online payment gateway to accept this popular payment method. BNPL solutions give customers the ability to easily split purchases into interest-free payments, creating value for both customers and merchants.

In the wake of the pandemic, as consumers turned to online shopping to meet their needs, BNPL emerged as an attractive, flexible payment option for consumers. Founded by Hosam Arab and Daniil Barkalov in late 2019, tabby is the first and largest BNPL provider in the Middle East.

Commenting on the partnership, Andrew Key, President, Merchant and Government, Network Internationalsaid, “The digital payments landscape around the world is rapidly evolving, and as the largest payment solutions provider in the country, Network has always led the way in delivering solutions that enhance and expand our merchants’ offerings to their customers. The inclusion of BNPL will help e-commerce merchants deliver an enhanced checkout experience, as well as increase conversions and expand their customer base.

“We believe that newer digital payments such as BNPL will play an important role in shaping the future of digital payments globally and in the UAE. We are pleased to support tabby in the region and through our partnership, we look forward to creating new opportunities for our merchants while opening up significant growth opportunities for the UAE’s internet economy,” added Key.

As the UAE’s merchant acquirer and digital commerce enabler in the Middle East and Africa (MEA) region, Network International’s N-Genius Online™ payment gateway delivers advanced performance, security and scalability to offer merchants and consumers a seamless and secure payment experience.

Hosam Arab, the tabby CEO and co-foundersaid: “We are delighted to be working with a regional powerhouse and payments leader like Network International, and together we can more seamlessly support the growth of online merchants while providing their customers with greater flexibility at checkout.”