Last Updated on: 18th July 2023, 09:09 am
Buy Now, Pay Later, Coming Soon To Dubai Malls
Majid Al Futtaim, a well-known group of shopping, retail, and entertainment centers in the Middle East, Africa, and Asia, has partnered with Tabby to offer its customers flexible payment solutions.
Customers can now use Buy Now Pay Later (BNPL) in malls and in-store to make purchases and pay for them later in interest-free installments. This payment option will initially be available at select Majid Al Futtaim malls across the UAE including Mall of the Emirates, City Center Deira, City Center Mirdif, and City Center Al Zahia.
In addition, BNPL can also be used when shopping online or at well-known brands such as Carrefour, Lululemon, Crate & Barrel, The Lego Store, and THIS Concept Store.
To make paying in-store easier, customers receive a Tabby Card. As the partnership progresses, more Majid Al Futtaim brands and malls will offer this payment option, with plans for international expansion.
BNPL sales more than doubled in 2022 compared to the previous year, according to Majid Al Futtaim outlet data. This shows that customers prefer convenience and flexibility in their shopping experiences.
The collaboration with Tabby aims to meet this growing demand for omnichannel payment options while providing Tabby’s 4 million shoppers with access to Majid Al Futtaim’s diverse retail and lifestyle brands.
Hosam Arab, CEO and co-founder of Tabby has expressed his excitement about partnering with Majid Al Futtaim, a renowned retail and leisure pioneer in the MENA region.
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