Paymob Partners with Tamara, a leading shopping and payments platform in Saudi Arabia and the GCC region. As part of the partnership, Tamara’s BNPL-Service will be connected with Paymob’s secure gateway to enable smooth payments by enabling clients to divide payments into four equal installments without incurring additional costs or interest.
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Through the agreement, businesses may provide more complete solutions and seamless consumer experiences by forming a payments ecosystem.
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Founded in 2015, Paymob is a global financial technology company that builds infrastructures for the digital economy. Omnichannel Financial Technology Platform Paymob empowers merchants to accept online and offline payments, make payments, manage their finances and grow their businesses all in one place.
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Islam Shawky, Co-founder and CEO of Paymob stated, “Our partnership with Tamara delivers on Paymob’s mission to fuel SME growth in the digital economy. There is a massive opportunity to enable merchants in the GCC to capitalize on the power of alternative payment methods, and we are thrilled to partner with Tamara to fuel this growth in MENA.”
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Turki Bin Zarah, Co-founder and CCO of Tamara, commented, “This partnership with Paymob provides seamless access to Tamara’s services to thousands of SMEs to enable their growth across the region.
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About Tamara
Tamara is the leading shopping and payments platform in Saudi Arabia and the GCC region, with a mission to empower people in their daily lives and revolutionize how they shop, pay, and bank. The company was founded by serial entrepreneur Abdulmajeed Alsukhan along with his partners Turki Bin Zarah and Abdulmohsen Al Babtain. Tamara has over 500 employees and operates out of its headquarters in Riyadh, Saudi Arabia; and has offices in the UAE, Egypt, Germany, and Vietnam.
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