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Logo of Fawaz Abdulaziz Alhokair & Co. (Cenomi Retail)
Fawaz Abdulaziz Alhokair Co. (Cenomi Retail) announced a long-term strategic partnership with the Tabby application, which provides shopping and financial services in the Middle East and North Africa (MENA) region.
Cenomi Retail said in a statement on Tadawul that this partnership is the first of its kind in Saudi Arabia between a company that provides the buy-now-pay-later (BNPL) service and a multi-channel retailer.
Tabby users can currently divide their purchases into four payments without any additional fees when they shop at 10 brands within the Cenomi Retail portfolio, including Decathlon, FNAC, and Alo Yoga.
Customers can also use this payment method on Aleph’s websites, to resell Apple products, and in all its stores in the Kingdom, according to the statement.
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