Wednesday 13 November 2024
 
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UAE hotel guests demand flexible payment options: report

Nearly two-thirds (63%) of UAE hotel guests said they abandoned the booking process because they couldn’t pay using their preferred method, new research revealed, highlighting the importance of a frictionless payment experience, and its po

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Saudi Arabia issues new rules to regulate BNPL companies

The Saudi Central Bank (SAMA) has issued new rules for regulating the 'Buy now pay later (BNPL) companies, in a move that reflects SAMA’s continuous efforts to develop the financial sector as a whole and empower the fintech sector in

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Tamara secures $250m in debt financing

Tamara, a leading fintech platform to shop, pay, and bank in Saudi Arabia and the wider GCC region, has secured an additional up to $250 million in debt financing, bringing its total warehouse facility to up to $400 million. 

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Tamara secures $250m in debt financing

Tamara, a leading fintech platform to shop, pay, and bank in Saudi Arabia and the wider GCC region, has secured an additional up to $250 million in debt financing, bringing its total warehouse facility to up to $400 million. 

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Tabby wins Saudi permission to offer BNPL solutions

The Saudi Central Bank (SAMA) has permitted Tabby to provide 'buy now pay later' (BNPL) solutions in the kingdom.   With Tabby, five authorised companies are now offering BNPL solutions in Saudi Arabia. T

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Majid Al Futtaim partners with Tabby to introduce BNPL

Majid Al Futtaim, a leading shopping mall, communities, retail and leisure group across the Middle East, Africa and Asia, has entered a long-term partnership with Tabby to offer flexible payment solutions.   This

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Al Salam launches BNPL service for its debit cardholders

Al Salam Bank has launched its 'Buy Now, Pay Later' (BNPL) service for its debit cardholders, following the success of its installment payments for its credit cardholders in November last year.    Th

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Al Salam launches BNPL service for its debit cardholders

Al Salam Bank has launched its 'Buy Now, Pay Later' (BNPL) service for its debit cardholders, following the success of its installment payments for its credit cardholders in November last year.    Th

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Saudi Central Bank seeks public views on BNPL firms regulation

The Saudi Central Bank (SAMA) is seeking public consultation on the draft “Rules for Regulating Buy Now Pay Later (BNPL) Companies.”    In the interest of transparency and wider participation, SA

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MIS Forward receives Sharia certification from SRB

MIS Forward, a provider of Buy Now Pay Later (BNPL) solutions in Saudi Arabia, has received the Sharia compliance certification from Shariyah Review Bureau, for its MIS Forward App solution in light of Shari’a principles. Th

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