Majid Al Futtaim, a prominent retail and leisure group operating across the Middle East, Africa and Asia, has announced a long-term strategic partnership with Tabby, a leading shopping and financial services app in the MENA region.
This groundbreaking partnership brings together a Buy Now, Pay Later (BNPL) provider and an extensive shopping malls and retailer ecosystem, aiming to offer customers a seamless and affordable shopping experience. By leveraging cutting-edge payment product capabilities from both organizations, the collaboration will enable interest-free credit through short-term installment plans.
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The goal is to extend the successful BNPL model into an omnichannel ecosystem, allowing customers to conveniently manage their spending and make purchases both online and in-store. Currently, Tabby’s services are available in 15% of Majid Al Futtaim’s UAE mall tenants, including popular destinations like Mall of the Emirates, City Centre Deira, City Centre Mirdiff and City Centre Al Zahia.