Tabby UAE: Simplifying Purchases with Interest-Free Installments

When you’re on a credit card, you’re able to make impulse purchases without worrying about the costs. The late fees and interest accrue quickly if that credit card bill cannot be paid off, leading to spiraling debt. In a unique “buy now, pay later” trend emerging globally – and now in the UAE as well – Tabby UAE allows consumers to purchase without paying in full up front, without being charged high interest rates and without a credit card. Due to credit risk checks, late fees, and blocks on defaulting customers, merchants are still protected.

Rather than large purchases, such as cars or homes, these are regular splurges on fashion, beauty, furniture, electronics, and travel.

What is Tabby Card?

With a Tabby Card, you can split your purchases into four payments at any store in the UAE.

Tabby Card allows you to make payments

• Free at Tabby partner stores
• You can use VISA anywhere else as long as Tabby+ has been activated
• Using your Tabby Card is as easy as adding it to Apple Pay, Samsung Pay, or Google Pay and using your phone at checkout.

Why is Tabby a Crucial Fintech Player in the UAE

1. 1. Transforming Consumer Payment: Tabby offers the Buy Now, Pay Later (BNPL) scheme that enables users to pay in interest-free installments. This makes it more accessible and affordable for consumers to shop, which is good for consumers and retailers alike by increasing purchasing power and sales.
   2. Powering E-commerce Growth: Through its collaboration with more than 40,000 stores such as Adidas, IKEA, and Shein, Tabby improves the UAE consumers’ shopping experience online.
   3. Expansion into the shopping platform, e-commerce shopping for Tabby Shop, solidifies its foothold in the UAE market.
   4. Financial Inclusion and Digital Wallet Expansion: As the recent acquisition of Tweeq, a Saudi-based digital wallet, Tabby has now been expanded into a digital banking service that offers customers financial control and alternative credit options.
   5. Supporting Retailers and Boosting Sales: Tabby enables retailers to raise conversion and customer loyalty through flexible payment options. Companies enjoy higher average order value and lower cart abandonment rates.
   6. Enhancing UAE’s Fintech Ecosystem: The UAE is a fintech destination, and the fast growth of Tabby—valued at $3.3 billion today—draws foreign investors and supports the nation’s vision for a digital-first economy.
   7. Alternative to Traditional Credit Cards: Tabby is a shariah-compliant, interest-free alternative to standard credit cards that is attractive to a wider customer base, including those unwilling to utilize traditional banking services.
   8. Encouraging Smart Spending: Tabby allows users to manage spending unlike other credit cards, Tabby allows consumers to spend responsibly by splitting payments over time without accumulating debt.

 

Tabby App UAE – Changing Retail Finance in Dubai

You can shop now, pay later, and earn cash with the Dubai-based BNPL fintech Tabby app – with no interest, fees, or hidden charges.

Today, Buy Now, Pay Later apps dominate the online market.

Tabby is one of these instant loan apps in the UAE that saw tremendous growth. As of 2020, the Tabby payment app has continued to provide customers and retailers with interest-free payment options. Tabby Payment is a Dubai-based company that provides buy now, pay later services in the UAE and Saudi Arabia. The platform allows users to shop anytime but pay later. No interest or fees are charged on the Tabby Card when you split your purchase into four payments. By adding your Tabby Card to your Apple Wallet or Google Pay, you can easily use it at checkout.

By reshaping people’s relationship with money, the shop now, pay later method has gained a lot of popularity in the UAE and KSA, since it creates financial freedom in the way people shop, earn, and save. Tabby helps over 4 million active users stay in control of their spending and maximize their money. Thousands of global brands and small businesses, including H&M, Adidas, IKEA, SHEIN, Bloomingdale’s, and many more, use Tabby’s technologies to increase sales and loyalty.

Know more about how we did successful integration of Tabby in Ecommerce Web Design for Jay’s Cake

Jay’s Cake is an online dealer for custom cakes in Abu Dhabi. From custom novelty cakes for birthdays to customised cupcakes for baby showers, you can be confident that every cake from Jay’s Cake will look exquisite, taste delicious and feature that extra special touch.

Tabby Work Dubai – UAE: How Does It Work?

To open a Tabby account in the UAE. Follow the steps below

1. 1. Tabby is free to use once you create an account.
   2. Tabby accounts are automatically created when you pay with Tabby at checkout when shopping with a Tabby partner store.
   3. Tabby might ask for your ID when you sign up. By doing so, they can confirm that you are the one signing up, and not someone else. Your details are kept safe and secure with bank-level security measures and 128-bit encryption.

Set up Tabby Dubai – UAE by following these steps

At checkout, choose Tabby to pay for your items.

1. 1. You can sign up with Tabby after checking your mobile number and email..
   2. Please enter the verification code you received via SMS on your mobile device.
   3. Upon successful purchase, you will receive an email.
   4. Your Tabby account is now active! Tabby app allows you to complete & check payments.
   5. Using Tabby App to make upcoming payments

The tabby App makes it easy for anyone to keep track of upcoming bills. All you need to do is download Tabby App and follow the above sign up instructions.

How Tabby Makes Money?

For retailers to use Tabby’s service, Tabby charges a fee. Tabby operates on this premise.

Frequently Asked Questions About Tabby UAE

1. Can anyone use Tabby?

Tabby is available to UAE and KSA citizens over 18 years of age

2. Can I use Tabby for free?

The answer is yes! For on-time payments, Tabby does not charge interest or fees.

3. If you don’t pay Tabby, what happens?

A late fee of Dh15 or 15.35 Saudi riyals is levied if a customer fails to make a payment 15 days after the order is delivered. Overdue fees are then doubled every two weeks until the overdue payment is fixed, but they are capped at the third late fee. We will charge you an extra collection fee of SAR 30 if you do not settle within two weeks.

Conclusion

Tabby gives you the freedom to pay for the things you love how & when you want. Tabby UAE lets you earn cash while shopping now and paying later without interest or fees. A Saudi Central Bank permit, Shari’ah compliance, and PCI-DSS certification is all part of Tabby’s credentials. You can choose a payment gateway provider in the UAE that meets your e-commerce website’s needs and budget. The integration of a secure payment gateway can be assisted by a skilled e-commerce website development company once a payment gateway has been chosen. It enables merchants and customers to conduct financial transactions confidently on your site.