Riyadh-headquartered buy-now-pay-later platform Tabby is expanding its offerings with the launch of a monthly subscription service that would allow users to pay for just anything (where Visa is accepted) in four monthly installments.
The service, Tabby+, is priced at $13 (AED 49) per month, with the first month free, and is currently available only for Tabby’s customers in the United Arab Emirates. Tabby+ is available through Tabby Card, a digital Visa card that can be added to Apple Pay, Samsung Pay, or Google Pay, to make online or in-store payments.
Tabby+ also offers users with 1 percent cashback on all their purchases made using Tabby Card. The subscription service also comes with 24/7 priority support for the customers.
The Tabby Card can be used by any customer to shop at the company’s partner stores. However, if a customer wishes to use it beyond Tabby’s network of partners, they will need to get Tabby+.
The move follows Tabby’s $200 million Series D in November last year that turned the valued the Dubai-born firm at $1.5 billion.
