ZoodMall Jordan announces strategic partnership with HyperPay

MENA e-commerce set to rise to a USD 28.5 Billion market size by 2022

  
ZoodMall Jordan announces strategic partnership with HyperPay

Amman - ZoodMall, the fastest growing B2C cross-border e-commerce marketplace app, operating in Central Asia and the Middle East, announced a new strategic partnership in Jordan with MENA region’s leading payment gateway, HyperPay, to offer customers a convenient and secure online payment experience at checkout when completing a purchase on the ZoodMall Application.

Recent studies confirm that the e-commerce sector in the Middle East and North Africa region is on the verge of distinct levels of continuous growth during the coming period, coinciding with the increasing demand among consumers for electronic payment options, and the awareness of merchants of the need to enhance their electronic presence during the Corona virus pandemic. Trade in e-commerce platforms is expected to reach USD 28.5 billion in 2022, which is over 3.5 times the current trade volume and nearly 7% of total retail sales.

“The vibrant e-commerce market has witnessed an unprecedented increase during the pandemic period with the volume of e-commerce in the Middle East and North Africa region currently about $ 8.3 billion. With our vision and determination to continually expand our customer experience, ZoodMall recently partnered with HyperPay. This affiliation will enable our Jordanian customers to make payments online, using Debit and Credit Cards with ultimate flexibility, security and ease and will be the stepping stone to roll out ZoodPay “Buy Now, Pay Later” (BNPL) payment options towards Local purchases including three easy instalment plans of up to 60 days without incurring interest charges.” said Mohammad Al Yousef , ZoodMall Jordan’s Country Manager

“We look forward to a long-term partnership with ZoodMall Jordan, and help our new partners grow their presence in the Jordanian eCommerce market as well as unlock their full potential by enabling fast and secure online payment acceptance.” said Mohammed Lutfi, Business Development Manager at HyperPay.

 About ZoodMall:

Available on Google Play Store, App Store and Huawei’s App Gallery, ZoodMall’s user-friendly shopping app offers over 4 million cross-border & local products such as major smartphone brands , low-cost and top-tier electronics, apparel, accessories, home and garden , beauty products and children toys sourced from over 30,000 sellers at competitive prices.

For further information on the ZoodMall offering, visit https://intl.zoodmall.com/int

About HyperPay:

HyperPay is the fastest growing Middle East based payment gateway, transforming the online buying experience in the region. Since its establishment in 2014, HyperPay has enabled thousands of internet businesses to accept and manage payments online, with more flexibility, security and ease. HyperPay continuously expands its range of products and services to meet the online payment needs of businesses, ranging from the smallest to the largest enterprises.

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.


More From Press Releases