UAE – Today, Telr, the award-winning online payment gateway, announced a new partnership with Tabby, the leading BNPL company in the UAE and KSA. This collaboration has led to the launch of Telr’s "Buy Now, Pay Later" solution, providing merchants with an additional payment method to boost their e-commerce business and strengthen their market position.

The ‘Telr buy now, pay later” service enables online shoppers in UAE and KSA to make instant and interest-free installments when they complete their online purchases. The payment can be made 14 days after purchase or in installments; giving online shoppers the freedom to pay for their goods in 4 interest-free payments, billed every month. This payment method will give online shoppers the freedom to purchase to make larger purchases more frequently and increase their purchasing power at any given time. The solution provides a smooth integration with Telr merchant sites while allowing customers to checkout seamlessly.

To date, "buy now, pay later" solutions have significantly benefited merchants by enhancing their conversion rates. This approach has enabled businesses to reach a broader customer base, increase the average transaction value, and drive repeat purchases. Consequently, these solutions contribute to improved cash flow and overall financial health for businesses.

In addition to removing the financial barriers for online shoppers around the world, the buy now pay later solutions have opened the doors for new shopping trends while allowing the reach to overlooked market segment such as the millennial segment, thus reflecting positively on the customer experience.

Khalil Alami, the CEO of Telr, said: “we believe that payment solutions are the key to acquire new consumers, increase conversion rate, and tap into a rapidly growing retail trend. The right payment method can have a powerful effect on merchants’ sales and customer lifetime value. As a result, we constantly work on enriching our payment methods and make sure to provide our merchants with the latest payment methods and technologies.” Alami added: “We constantly work on every pain point merchants are facing in the ecommerce world and bring in the best solution on the table.”

Hosam Arab, the CEO of tabby, “we believe the best way to empower merchants is to empower their customers. We are so excited to partner with Telr and provide their merchants easy access to flexible payment solutions that remove pricing as a barrier and drive sales.”

About Telr

Established in 2014, Telr is an award-winning, Dubai-based offering payment gateway solutions for SME’s, government bodies and large corporates. Its wholly owned, unique platform enables it to handle complex or unique payment methods or integrations. TELR was awarded with the prestigious Start-up of the Year award in 2014. In 2015 it won Best Payment Product in the Middle East award, whilst in 2017 it was awarded Innovative Vendor – Fintech at the 2017 GEC Awards in Dubai. Telr continues to be listed as one of the most funded and top fintech companies in The Middle East by several esteemed publishing houses such as Forbes among others.

With a fast-growing presence in the UAE and Saudi Arabia, TELR is building a wider regional presence in the MENA Region. TELR enables businesses to transact in over 120 currencies with payment platform capabilities in 30 languages & it provides customers with a range of financial & business services that include social commerce, QR Codes, BNPL, e-Commerce Platform, Business Loans, Payment links, Anti-fraud protection, Shopping Cart Integrations, & more.

TELR is the first PCI DSS Level 1 & NESA certified company in MENA.

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‍For more information, please contact:

Zena Asfour

Marketing and Communications Manager

00962795800803

[email protected]

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