Dubai, United Arab Emirates – 26th February 2024: Tabby, MENA’s leading shopping and financial services app has introduced Tabby+, a monthly subscription service in the UAE. With Tabby+, shoppers unlock the power of Pay in 4 anywhere, whether its groceries, utilities, fuel, food delivery apps or anywhere VISA is accepted using their Tabby Card.
Tabby+ lets customers use their Tabby Card as their daily spending card and enables them to make the most out of their money for all their purchases. The subscription presents a significant step forward in empowering customers to effortlessly stay in control of their finances.
Tabby+ is an alternative to high-cost credit cards that average 30 to 40% in APR, since Tabby does not charge hidden fees or interest. Instead, Tabby+ runs on a fair and transparent model of only AED 49 per month with the first month being free to try. If Tabby Card holders choose not to opt in for Tabby+, Tabby Card remains free for in-store purchases within the partner network which they can find on the Tabby app.
Tabby Card is the first of its kind, unlike traditional debit or credit cards, daily purchases are split into 4 monthly statements without revolving interest. Tabby Card holders can settle their card purchases on the Tabby app with transparent, monthly statements that make it effortless to manage and keep track of all outstanding payments. In the app, consumers can choose to pay their statement early or automatically make a payment on the due date. The Tabby app also notifies customers in real time of all card transactions and sends alerts for upcoming payments.
Take Tabby anywhere you go
Whether you are purchasing groceries, utilities, fuel or food delivery apps with Tabby+ you can pay in 4 anywhere VISA is accepted with your Tabby Card.
Earn 1% cashback
Tabby+ lets you earn 1%* in cashback on all Tabby Card purchases. Shop anywhere and earn cash in your Tabby wallet every month.
24/7 priority support
Customers get priority chat support with Tabby+, offering unparalleled customer support when you need help with your orders, payments and returns.
Hosam Arab, CEO and Co-Founder of Tabby, said: “Tabby+ is a significant step towards our vision. We’re taking the best of Tabby, flexible and interest-free payments, wherever people go without barriers.”
With over 600,000 Tabby Cards issued in the UAE, the introduction of Tabby+ underscores the company’s consistent growth in the region as the leading shopping and financial services provider and follows its latest announcement of releasing the region’s biggest ever Middle East Shopping Survey, providing retailers and shoppers with data-driven insights of shopping preferences in the e-commerce space.
About Tabby
Tabby creates financial freedom in the way people shop, earn and save by reshaping their relationship with money. Over 11 million users choose Tabby to stay in control of their spending and make the most out of their money.
Over 40,000 global brands and small businesses, including SHEIN, Amazon, Adidas, IKEA, H&M, Samsung and Noon use Tabby’s technology to accelerate growth and gain loyal customers by offering flexible payments online and in stores. Tabby is active in Saudi Arabia, UAE, and Kuwait, and valued at $1.5 billion in its last round of funding from Wellington Management, STV, Mubadala Investment Capital, PayPal Ventures, Arbor Ventures and Bluepool.
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