Dubai PR Network, Online Press Release from Dubai and Middle East
 
Business, Banking and Investments(Banking & Investments)
Filter PR by
  
DHL Partners With Tabby to Offer Online Retailers a Simpler Alternative to Cash on Delivery
 
DHL Partners With Tabby to Offer Online Retailers a Simpler Alternative to Cash on Delivery

Tabby offers shoppers the option to ‘buy now and pay later’ 


Dubai, United Arab Emirates, June 03, 2020:   DHL Express, the world’s leading international express services provider, has partnered with Tabby, the first Buy Now Pay Later business in the GCC region, to provide DHL’s customers with payment solutions that address the region’s dependence on cash. 


DHL’s e-commerce customers can now provide a simpler and viable alternative to cash on delivery (COD) to their customers in the UAE by offering Tabby’s “Pay Later” option on their website.

 

This will allow shoppers to instantly checkout, without having to provide a credit card when they make a purchase, thereby addressing the main concerns customers consider when choosing COD for online purchases. Shoppers will also have the option to pay in multiple installments.
Geoff Walsh, UAE Country Manager at DHL Express, said: “Our partnership with Tabby demonstrates DHL’s continued commitment to delivering value to our e-commerce customers, as they are currently operating in a challenging and volatile business environment. Tabby’s proprietary decision engine will help our customers capture business opportunities that they may have otherwise lost.”  


According to a study by Google and Bain & Company, while credit card penetration rates in the GCC are on par with mature markets, GCC consumers still prefer cash on delivery over other options when buying online. However, COD can be a costly option for retailers and often translates into a higher risk of packages being returned. 


The synergistic partnership between DHL and Tabby is an ideal solution for this issue, and will help optimize delivery management, creating satisfied customers who generate repeat business. For retailers, this translates to bigger baskets and bigger conversions, predictable and consistent cash flows and deeper insights on their customers. 


Hosam Arab, co-Founder and CEO, Tabby, said: “Tabby is delighted to announce this partnership with DHL, which will provide online retailers with an alternative to cash on delivery, a payment method that has been a necessary evil for a very long time, but retailers were forced to provide to address their consumers’ demands. Consumers will finally have an alternative that gives them the peace of mind by ensuring that they only pay for goods after they have received them.” 

 


Posted by : Dubai PR Network Editorial Team
Viewed 4612 times
PR Category : Banking & Investments
Posted on : Wednesday, June 3, 2020  2:16:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : With the Global Crisis being Experienced, France does not lo...
Next Story : REPORT: Consumers See Tech Innovation as Critical for Future...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Pandora ME for Every Side of You [4457-Views]
Code 11.59 by Audemars Piguet – New Tones of Elegance [4424-Views]
“CATRICE” Perfect Look for “Back to the Office” [3526-Views]
Your Guide to Choosing the Right Face Mask [3350-Views]
TishTash Eid Al-Adha Gift Guide 2020 [2767-Views]
Get Summer Ready With Magnitone London! [2722-Views]
Newest LG True Wireless Earbuds Self-clean, Sound Great With Meridian Audio [2628-Views]
Newly Launched HONOR 9A Offers Stunning Photography Anytime Anywhere [2595-Views]
Wonder Ingredients For Powerful Skincare [2505-Views]
10 Million Plastic Packaging Saved: Grohe Launches Initiative to Reduce Plastic [2239-Views]
Taste the Summer With Wild & the Moon's Latest Menu Drop! [2177-Views]
Dubai Well Poised for Growth in New Business Entities' [2169-Views]
Smash Summer Fitness Goals with 100 Workout Modes on the HONOR MagicWatch 2 [2128-Views]
Nahdi Medical Company Transforms its Financial Management with Infor [2120-Views]
Tonda 1950 Lune' [2050-Views]
Comprehensive Study of Refugee Children's Academic, Social, and Emotional Learning Outcome... [1988-Views]
The New Season of Master Maserati Programme Gets Underway [1984-Views]
70 Percent of Businesses Increase or Maintain Digital Transformation Spend Amid Pandemic, ... [1972-Views]
Six Ways LG's Puricare Air Purifiers Can Help Families Improve Air Quality at Home [1972-Views]
Alstom at Forefront of Hygiene & Safety Innovation for Transport & Mobility in a COVID-19 ... [1935-Views]
Hitachi ABB Power Grids Commences Operations [1857-Views]
Karl Lagerfeld Announces Collaboration With Designer Kenneth Ize [1845-Views]
Three UAE Students Bag Coveted Princess Diana Award for Outstanding Social Initiative [1837-Views]
Meet the #Sephorasquad Middle East Members! [1816-Views]
Honeywell Launches Innovative Cooling Technology for Electronics, Data Centers [1792-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories