LBCI

Strategic partnership between ZoodPay, ZoodMall and Bank of Beirut (BoB)

08-02-2022 | 08:39

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Strategic partnership between ZoodPay, ZoodMall and Bank of Beirut (BoB)

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ZoodPay and ZoodMall have entered on Monday into a strategic partnership with Bank of Beirut (BoB), one of the leading commercial banks in Lebanon. This first of its kind agreement in the country will see ZoodPay enabling its "Buy Now, Pay Later" payment solution for more than 500 online and offline merchants using the BoB payment gateway.

Furthermore, ZoodPay is the only BNPL in Lebanon and is available to customers on the ZoodPay Marketplace, "ZoodMall", as well as with offline partners in malls and shops across Lebanon. This strategic partnership will allow millions of customers to enjoy purchasing products and services and paying in four easy online installments with 0% interest.

For merchants who are already using BoB's payment gateway, the ZoodPay payment solution will be immediately available, requiring no additional technical integration, just a quick onboarding process with ZoodPay.

Moreover, for new merchants, BoB will offer a complete package including the payment gateway solution as well as an add-on module that allows merchants to offer installment payments to their users, both offline and online.

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