You Can Shop Now Pay Later With The Launch Of A New Payment Platform In The UAE
For the first time in the UAE, you can now shop for what you want and pay at a later date, thanks to the launch of a new payment platform called Spotii.
Focusing on fashion, and lifestyle brands that are available to buy online, Spotii divides your purchase into four installments, while paying the retailer in-full.
You make four payments, with no interest, allowing you to spread the cost of expensive items over a longer time.
“Our mission is to empower customers to enjoy their shopping experience without worrying about excessive costs or hidden fees. We have built Spotii to support the region's ecommerce ecosystem and grow a vibrant community centred on people and trust," said Anuscha Iqbal, co-founder and CEO of Spotii.
Given the current economic situation, the opportunity to pay over a longer period makes sense, especially as many people are still spending the majority of time at home.
Spotii has partnered with four key brands to launch in the UAE: The People Of Sand - Luxury Moroccan-inspired furnishings, RIOT - Pre-loved designer fashion, Exhale - Mindful clothing creators and BUKA - UAE-born streetwear label).
Next, Spotii are looking to launch in Saudi Arabia, before rolling out to other GCC countries.