Riyadh, Saudi Arabia: Shahbandar, an e-commerce enabler in Saudi Arabia, the Middle East and North Africa, and the financial technology company, Tabby, announced a strategic partnership aimed at enabling online stores with flexible payment options that help them increase sales and accelerate growth.

Under the partnership, Tabby will make its deferred payment solutions available to stores on the Shahbandar platform, which will contribute to improving the shopping experience and increasing conversion rates by enabling buyers to divide their purchases into interest-free installments.

Commenting on the partnership, Shadi Abdel Shaheed, co-founder and CEO of Shahbandar, said: “We are delighted to partner with Tabby as it represents an important step for Shahbandar merchants. Tabby is a trusted and beloved brand among customers in the Kingdom, and integrating its solutions into our platform will contribute to increasing store sales and improving the payment experience. Our vision at Shahbandar is to create a smart and comprehensive e-commerce ecosystem, and this partnership reinforces our direction.”

Abdulaziz Saja, General Manager of Tabby in Saudi Arabia, added: “The partnership with Shahbandar enables us to provide flexible Tabby solutions to thousands of online stores in Saudi Arabia. This will allow Shahbandar merchants to reach a new customer base as they continue to grow, with two out of every three registered to benefit from Tabby services in Saudi Arabia.”

Through our partnership with Shahbandar, we have expanded the reach of our flexible payment solutions to thousands of online stores in Saudi Arabia. This integration helps stores increase and improve their payment channels, and provides shoppers with a seamless and reliable installment payment experience.

Shahbandar supports entrepreneurs and those interested in e-commerce to begin their journey without technical experience by providing a wide range of advanced tools and technologies. These include integration with payment solutions, shipping and logistics services, data analytics tools, and productivity optimization tools. It also enables traditional stores to digitally transform in simple steps, thanks to the tools it provides to help them improve sales and increase revenue streams digitally.

Shahbandar today serves more than 20,000 active online stores in Saudi Arabia and Egypt, and recently confirmed its excellence and innovation in the e-commerce sector by expanding its system by adding videocommerce services and the Shahbandar AI tool for generative artificial intelligence, enabling merchants with marketing content and creating a description for any product in simple steps, while the videocommerce services help merchants to sell through videos that display products and live broadcasts.

The partnership comes as part of a series of strategic alliances by Shahbandar aimed at creating a more integrated and intelligent system to support the growth of digital commerce in Saudi Arabia and the region, with the goal of expanding into new markets in the coming period.

About Shahbandar:

Shahbandar is a Saudi-based startup that helps merchants and entrepreneurs launch dedicated e-commerce stores and digital marketplaces through simple, seamless steps, providing them with advanced AI-powered tools to boost sales. Founded by Shadi Abdel Shaheed (CEO) and Tamer Sharkas (CTO), Shahbandar currently operates in Saudi Arabia and Egypt, serving over 20,000 stores.

More details:

Website: https://shahbandr.com

LinkedIn: https://x.com/ShahbandrApp

X platform: https://www.linkedin.com/company/shahbandr/

Email: info@shahbandr.com

About Tabi:

Tabby is a fintech company that helps millions of users in the Middle East manage their expenses. Tabby empowers over 40,000 brands, including Shein, Amazon, Adidas, H&M, Samsung, and Noon, with its flexible payment solutions to help them accelerate and sustain growth in both brick-and-mortar and online stores.

Tabby is headquartered in Riyadh, the capital of Saudi Arabia, and currently provides its services in Saudi Arabia, the UAE, and Kuwait.

More details:

Website: https://tabby.sa/

-I finish-

#Company Data

Disclaimer regarding the content of press releases
The content of this press release is provided by a third-party provider. We do not assume any responsibility for, nor do we have any control over, such content. This content is provided on an "as is" and "as available" basis and is not edited in any way. Neither we, nor our affiliates, will be liable for the accuracy, endorsement, or completeness of any opinions, views, information, or materials contained in this content.
This press release is provided for informational purposes only; the content does not constitute legal, investment, or tax advice, nor does it offer any opinion on the suitability, value, or profitability of any particular portfolio or investment strategy. Neither we nor our affiliates will be liable for any errors or inaccuracies in the content, or for any actions you take based on that content. You expressly agree and acknowledge full responsibility for your use of the information contained in this press release.
To the extent permitted by applicable law, Refinitiv, its parent company, subsidiaries, affiliates, relevant shareholders, directors, officers, employees, agents, advertisers, content providers, and licensors (collectively, the 'Refinitiv Parties') shall not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive, or exemplary damages; This includes, but is not limited to, losses of profits, savings, or revenues, whether due to negligence, tort, contract, or other theories of liability, even if the parties to Refinitiv were advised of the possibility of any such damages or losses occurring or actually anticipated them.