Noon payments waives set-up fees for SMEs for Ramadan

10x Industry

Mita Srinivasan
10x Industry
Published:

Noon payments waives set-up fees for SMEs for Ramadan

No set up fees in UAE and Saudi Arabia translates to a saving of 1,000 AED/SAR for SMEs looking to go online, with the ease of accepting multiple payment methods with one integrated solution

noon, the region's homegrown digital marketplace, is waiving set-up fees for noon payments giving local SMEs extra support in taking their businesses online during the Holy Month of Ramadan by waiving set up fees for SMEs in UAE and Saudi Arabia. According to a statement from the company this means direct savings of 1,000 AED/SAR for these business with the ease of accepting multiple payment methods with one integrated solution. The noon payments product suite includes Payment Gateway, Payment Links, EMIs, & Subscriptions.

Benefits associated with accepting online payments include increased transactions and conversions, option to send payment links to customers, allowing customers to settle using Easy Monthly Instalments, smooth checkout process, and more.

Mosam Gadia, noon payments, said, “Supporting local businesses, no matter their size, is of the utmost importance to noon. We’re happy to be able to give SMEs an extra hand during the Holy month, offering access to our homegrown and super secure payment gateway without set-up costs. We hope this makes taking business online even easier for SMEs.”

Prior to the pandemic cash-on-delivery (COD) was still a favoured form of payment for many customers in the MENA region. At the onset of COVID-19, consumer needs changed leaving many concerned with hygiene aspects of handling physical cash. As a result COD customers swiftly pivoted to digital payments, now the favoured form of payment in the region.

Using noon payments sellers can accept all payment methods under one integration (Visa, Mastercard, Amex, Mada, Apple Pay, Samsung Pay, Google Pay, Paypal, KNET and many more). Returning customers can also save cards for a faster one-click checkout.

Noon.com was created to serve the region, empowering and championing local businesses with innovation, technology, and support. Local businesses can choose to use noon to support their business, tapping into noon’s mass customer database, and utilizing the secure payment platform.