Arab Financial Services (AFS), the Middle East and African digital payment solutions provider and FinTech enabler, has become Bahrain’s first acquirer to offer businesses a Buy Now Pay Later option. This is because of its recent relationship with Spotii, a Dubai-based supplier of Buy Now Pay Later solutions.
AFS will provide Spotii with its distribution network – across its large portfolio of acquiring merchants in Bahrain – as part of the agreement, utilizing Spotii’s solution execution experience to the benefit of AFS’s participating merchants and their consumers.
The Buy Now Pay Later solution allows businesses to bypass legacy systems, allowing them to increase sales from each transaction while also improving customer experience and providing customers more control over their spending.
Through four cost-free instalment options, the Buy Now Pay Later solution allows businesses to provide their customers with an easy, transparent alternative to traditional payments for higher-value products.
This solution is available to all Bahraini credit and debit cardholders and is not restricted to a single bank.
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