{"id":7640,"date":"2020-11-23T07:55:34","date_gmt":"2020-11-23T07:55:34","guid":{"rendered":"https:\/\/web3unplugged.io\/blog\/?p=7640"},"modified":"2020-11-23T07:55:36","modified_gmt":"2020-11-23T07:55:36","slug":"mastercard-and-spotii-partner-to-enable-consumers-to-buy-now-pay-later","status":"publish","type":"post","link":"https:\/\/web3unplugged.io\/blog\/mastercard-and-spotii-partner-to-enable-consumers-to-buy-now-pay-later\/","title":{"rendered":"Mastercard And Spotii Partner To Enable Consumers To ‘Buy Now Pay Later’"},"content":{"rendered":"\n

As the \u2018Buy Now Pay Later\u2019 market continues to grow to $1.5 trillion worldwide1<\/sup>, Spotii and Mastercard have partnered to facilitate \u2018Buy Now Pay Later\u2019 payment plan and offer millions of consumers access to flexible installment payment options with zero additional cost or hidden fees.<\/p>\n\n\n\n

The goal is to support the region\u2019s e-commerce ecosystem through providing a consumer friendly product that helps merchants grow a loyal customer base. It also gives consumers a budgeting tool that allows them to manage expenses over a period of time while merchants enjoy accelerated sales.<\/p>\n\n\n\n

Through this partnership, Spotii\u2019s services will extend to Mastercard\u2019s extensive merchant network. Spotii and Mastercard will also collaborate to introduce several new and innovative digital payment products. With an intuitive and easy-to-use platform, consumers can sign up to become part of Spotii\u2019s platform and pay in installments at over 600 beauty and fashion outlets across the GCC.<\/p>\n\n\n\n

\u201cAt Mastercard, we connect consumers to their passions by offering convenient payment possibilities, and flexibility is a gamechanger in the world of e-commerce today. Sophisticated shoppers increasingly demand diversity in their payment options, and we are committed to answering those needs. Mastercard\u2019s partnership with Spotii will propel the \u2018Buy Now Pay Later\u2019 market in the region, enabling businesses to increase customer transactions and advance digitization, while giving consumers greater payment flexibility,\u201d said Girish Nanda, Country Manager, UAE & Oman, Mastercard.<\/strong><\/p>\n\n\n\n

\u201cSpotii\u2019s mission is to empower customers and enable them to enjoy their shopping experience without worrying about excessive costs and hidden fees. At the same time, our platform supports customer acquisition and revenue growth for business owners \u2013 it\u2019s a win-win. As today\u2019s youth continues to demand more flexibility and convenience, we are excited to work with a partner that shares our values and is committed to addressing the needs of a new generation of shoppers. With our first to market solutions in the UAE and KSA, we are rapidly expanding to all other GCC markets. Mastercard\u2019s footprint and payments expertise will allow us to grow our community centered on people and trust,\u201d said Ziyaad Ahmed, Co-founder and COO Spotii.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

As the \u2018Buy Now Pay Later\u2019 market continues to grow to $1.5 trillion worldwide1, Spotii and Mastercard have partnered to facilitate \u2018Buy Now Pay Later\u2019 payment plan and offer millions of consumers access to flexible installment payment options with zero additional cost or hidden fees. The goal is to support the region\u2019s e-commerce ecosystem through […]<\/p>\n","protected":false},"author":1,"featured_media":7641,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-7640","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"rttpg_featured_image_url":{"full":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/11\/mc-logo.png",69,42,false],"landscape":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/11\/mc-logo.png",69,42,false],"portraits":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/11\/mc-logo.png",69,42,false],"thumbnail":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/11\/mc-logo.png",69,42,false],"medium":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/11\/mc-logo.png",69,42,false],"large":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/11\/mc-logo.png",69,42,false],"1536x1536":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/11\/mc-logo.png",69,42,false],"2048x2048":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/11\/mc-logo.png",69,42,false],"post-thumbnail":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/11\/mc-logo.png",69,42,false],"graptor-sq-xs":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/11\/mc-logo.png",69,42,false]},"rttpg_author":{"display_name":"admin","author_link":"https:\/\/web3unplugged.io\/blog\/author\/admin\/"},"rttpg_comment":0,"rttpg_category":"Uncategorized<\/a>","rttpg_excerpt":"As the \u2018Buy Now Pay Later\u2019 market continues to grow to $1.5 trillion worldwide1, Spotii and Mastercard have partnered to facilitate \u2018Buy Now Pay Later\u2019 payment plan and offer millions of consumers access to flexible installment payment options with zero additional cost or hidden fees. The goal is to support the region\u2019s e-commerce ecosystem through…","_links":{"self":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/7640","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/comments?post=7640"}],"version-history":[{"count":1,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/7640\/revisions"}],"predecessor-version":[{"id":7642,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/7640\/revisions\/7642"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/media\/7641"}],"wp:attachment":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/media?parent=7640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/categories?post=7640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/tags?post=7640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}