Spotii offers shoppers in Kingdom ‘Shop Now, Pay Later’ scheme
Keen online shoppers in the Kingdom are now able to make purchases, receive goods and pay for them later, thanks to innovative online payment experts, Spotii.
A new to the region concept, Spotii, launched earlier this year, provides consumers with the incremental purchasing power to build a retail sector that attracts modern, local, regional, and international brands as well as helping expand the role of e-commerce to 80 percent of the retail sector by 2030.
Launched by brother-sister duo Anuscha Iqbal and Ziyaad Ahmed, Spotii is designed around the goal of helping brands make their product offerings more attainable for Saudi Arabian consumers. The team is comprised of home-grown talent, based in Riyadh, Jeddah and Dubai, with extensive international experience in e-commerce and online payments.
Spotii is rapidly making its mark as a trusted and inclusive way for customers to ‘Shop Now, Pay Later’ over four equal installments with no interest, no cost and no catches. Merchants receive payment upfront via Spotii, but consumers can spread the cost of a purchase over four equal installments, a press communiqué stated.
“Spotii’s culture is built on creating a win-win flywheel, creating long-term relationships with both merchants and consumers. In a very simple, easy to use way, we believe,” affirmed Co-founder Ahmed.
