Noon Payments waives set-up fees for SMEs in Ramadan

The Noon Payments product suite includes payment gateway, payment links, EMIs, and subscriptions

  
Online payment. Image used for illustrative purpose.

Online payment. Image used for illustrative purpose.

Getty Images
 

Noon.com, the region’s homegrown digital marketplace, is waiving set up fees for Noon Payments giving local SMEs extra support in taking their businesses online during the holy month.

Engineered for growth, Noon Payments is an online payments platform by Noon. From e-commerce stores to subscription businesses, platforms and marketplaces, Noon Payments offers a complete stack for all business payment needs across channels. The Noon Payments product suite includes payment gateway, payment links, EMIs, and subscriptions.

During the holy month of Ramadan, Noon Payments is offered to all SMEs in need of a payment gateway including all benefits associated with accepting online payments such as no setup fees in the Kingdom and UAE. This means direct savings of SR1,000 ($266) for the business with the ease of accepting multiple payments methods with one integrated solution.

Benefits associated with accepting online payments include increased transactions and conversions, option to send payment links to customers, allowing customers to settle using easy monthly installments, smooth checkout process, and more.

Mosam Gadia, Noon Payments, said: “Supporting local businesses, no matter their size, is of the utmost importance to Noon. We’re happy to be able to give SMEs an extra hand during the holy month, offering access to our homegrown and super secure payment gateway without setup costs. We hope this makes taking business online even easier for SMEs.”

Prior to the pandemic, cash-on-delivery (COD) was still a favored form of payment for many customers in the MENA region. At the onset of COVID-19, consumer needs changed leaving many concerned with hygiene aspects of handling physical cash. As a result, COD customers swiftly pivoted to digital payments, now the favored form of payment in the region.

Using Noon Payments, sellers can accept all payment methods under one integration (Visa, Mastercard, Amex, Mada, Apple Pay, Samsung Pay, Google Pay, Paypal, KNET and many more). Returning customers can also save cards for a faster one-click checkout.

Noon.com was created to serve the region, empowering and championing local businesses with innovation, technology, and support. Local businesses can choose to use Noon to support their business, tapping into Noon’s mass customer database, and utilizing the secure payment platform.

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