Global e-payment giant, Mastercard teams up with Spotii, a Dubai-based eCommerce payment tech provider to offer consumers access to flexible installment payment options through their ‘Buy Now Pay Later’ payment plan, offering zero additional cost or hidden fees for purchases through the web, in-store, or the Spotii app.
The partnership with Mastercard enables a wider network reach for Spotii, provides their customers with an easy to use budgeting tool to manage their expenses, and provides their over 600 registered merchants a platform with the potential for wider sales volume.
Girish Nanda, Country Manager, UAE & Oman, Mastercard, says that “At Mastercard, we connect consumers to their passions by offering convenient payment possibilities, and flexibility is a gamechanger in the world of e-commerce today.
Sophisticated shoppers increasingly demand diversity in their payment options, and we are committed to answering those needs…”
According to Ziyad Ahmed, Founding Partner and COO of Spotii, “Spotii’s mission is to empower customers and enable them to enjoy their shopping experience without worrying about prohibitive costs and hidden fees.
At the same time, our platform supports Buying transactions for customers and contributing to the growth of revenues for business owners to be a win-win for both.”