As the global market navigates challenges amidst the COVID-19 crisis, a new digital payment platform has launched in the UAE, especially to facilitate small businesses and local brands. It’s called Spotii and it offers the ‘Shop now, pay later’ feature, which splits up purchases into smaller, more attractive amounts. Piquing the interest of young buyers, Spotii aims at providing business owners with benefits such as full upfront payments for their sales, larger basket sizes, improved conversion rates and low refunds.
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Launched by brother-sister duo Ziyaad Ahmed and Anuscha Iqbal, the Dubai-based platform aims at empowering customers to enjoy their shopping experience without worrying about excessive costs and hidden fees. “We’ve built Spotii to support the region’s ecommerce ecosystem and grow a vibrant community centered on people and trust,” Anuscha, who is the co-founder and CEO of Spotii, said in a statement.
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Spotii has partnered with four key brands to launch in the UAE, including luxury Moroccan-inspired furniture brand The People Of Sand and mindful clothing store Exhale. “Understanding a customer’s spending habits across multiple categories gives us a holistic view of their preferences and helps us introduce new brands that they will love just as much,” added Ziyaad, co-founder and COO/CFO of Spotii.
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Spotii will also launch in Saudi Arabia before expanding into other countries in the Gulf region. Now more than ever, it’s time to extend support to local brands and small businesses, and Spotii is just the sweet spot they need.
