Arab Financial Services (AFS) has partnered with Tabby to let its UAE-based merchants offer installment payments through AFS point-of-sale terminals.
The integration allows customers to spread the cost of purchases, while giving merchants another payment option that could support larger basket sizes, according to the announcement.
Mahmoud Ismail, Group Head of Acquiring Products at AFS, said the partnership responds to growing demand for choice and flexibility at checkout. Tabby Chief Commercial Officer Zarik Nabi said the integration brings the company’s flexible payment service to customers at physical retail registers, extending an experience already available online.
The service is currently available to AFS merchants in the UAE. The companies said they plan to extend the capability to other AFS operating markets.
Source: Biz Bahrain
