HyperPay, the leading payment gateway in the MENA region announces a strategic partnership with ZoodPay, the leading fintech Super App in the Middle East and Central Asia, to provide \u201cBuy now pay later\u201d options for all HyperPay\u2019sonline merchants in Jordan.<\/p>\n\n\n\n
ZoodPay is Jordan\u2019s first and only BNPL solution and is currently available for customers shopping on its own marketplace, ZoodMall, or with its offline partners in malls across Jordan. The strategic partnership sees BNPL enabled for HyperPay\u2019s network of more than 1000 online merchants who own websites and\/or apps; and it will allow millions of Jordanians to enjoy buying products and services and pay in monthly installments, without any commission or fees.<\/p>\n\n\n\n
For merchants who are already using HyperPay\u2019s payment gateway, ZoodPay will become available starting with Februaray 1st<\/sup>and it does not require any additional technical integration, just a quick onboarding process with ZoodPay. For new merchants, HyperPay will offer a complete package that includes the payment gateway solution plus an add-on if they want to offer installment payments to their users.<\/p>\n\n\n\n Customers who choose ZoodPay\u2019s\u201cBuy now pay later\u201d payment option will have a seamless experience: when shopping on a merchant using HyperPay\u2019s gateway payment they need to select ZoodPay as their payment method at checkout,provide the requested information and apply for instant approval.If approved, the customers will have access to flexible short-time financing and pay in monthly installments with their regular debit or credit cards. Only 25% of the value will be debited at the time of purchase, while the remaining amount will be debited automatically from the customer\u2019s bank card every 30 days for a period of 3 months, with no commission, nor additional charges.<\/p>\n\n\n\n ZoodPayrecently completed a $38 million Series B fundraising, from leading global and existing investors, including Zain Group\u2019s venture capital arm \u2018Zain Ventures\u2019.Previously the company committed to using a big part of this investment to accelerate its growth and expansion across Jordan, stimulating local and cross-border e-commerce transactions through its marketplace and \u2018Buy Now Pay Later\u2019 solutions. ZoodPay is contributing to socio-economic development, creating jobs across its market footprint and beyond.<\/p>\n\n\n\n MuhannadEbwini, CEO of HyperPaysaid, “We are excited to roll out our partnership with ZoodPay, which will allow HyperPay merchants in Jordan to add ZoodPay payment option to their checkout, enabling customers to pay in easy installment plans without incurring interest charges.\u201d<\/p>\n\n\n\n \u201cZoodPay\u2019s Buy Now, Pay Later payment option is a powerful tool for our merchants to attract more customers, boost conversion rates, and thus grow their revenue.\u201d added Ebwini<\/p>\n\n\n\n Commenting on this partnership, Michael Khoi, the CEO of ZoodPay, said: “We are delighted to join forces with HyperPay to offer our BNPL solution to their merchants in Jordan. This flexible payment option will help merchants provide a better shopping experience to their customers. It will also help increase basket value and conversion rate, decrease returns and expand the customer base. BNPL will play a major role in shaping the future of digital payments and we are proud that HyperPay were the pioneers in joining us on this journey in Jordan.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":" HyperPay, the leading payment gateway in the MENA region announces a strategic partnership with ZoodPay, the leading fintech Super App in the Middle East and Central Asia, to provide \u201cBuy now pay later\u201d options for all HyperPay\u2019sonline merchants in Jordan. ZoodPay is Jordan\u2019s first and only BNPL solution and is currently available for customers shopping […]<\/p>\n","protected":false},"author":1,"featured_media":18246,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-18244","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"rttpg_featured_image_url":{"full":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2022\/02\/Hyperpay-ZoodMall-officials.jpg",1280,852,false],"landscape":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2022\/02\/Hyperpay-ZoodMall-officials.jpg",1280,852,false],"portraits":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2022\/02\/Hyperpay-ZoodMall-officials.jpg",1280,852,false],"thumbnail":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2022\/02\/Hyperpay-ZoodMall-officials-150x150.jpg",150,150,true],"medium":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2022\/02\/Hyperpay-ZoodMall-officials-300x200.jpg",300,200,true],"large":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2022\/02\/Hyperpay-ZoodMall-officials-1024x682.jpg",1024,682,true],"1536x1536":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2022\/02\/Hyperpay-ZoodMall-officials.jpg",1280,852,false],"2048x2048":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2022\/02\/Hyperpay-ZoodMall-officials.jpg",1280,852,false],"post-thumbnail":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2022\/02\/Hyperpay-ZoodMall-officials.jpg",631,420,false],"graptor-sq-xs":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2022\/02\/Hyperpay-ZoodMall-officials.jpg",100,67,false]},"rttpg_author":{"display_name":"admin","author_link":"https:\/\/web3unplugged.io\/blog\/author\/admin\/"},"rttpg_comment":0,"rttpg_category":"news<\/a>","rttpg_excerpt":"HyperPay, the leading payment gateway in the MENA region announces a strategic partnership with ZoodPay, the leading fintech Super App in the Middle East and Central Asia, to provide \u201cBuy now pay later\u201d options for all HyperPay\u2019sonline merchants in Jordan. 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