Headquartered in Switzerland, ZoodPay, managed by an experienced team of e-commerce and fintech professionals, is delivering "Swiss Quality" service to merchants and shoppers alike in the fast-growing e-commerce mobile markets across the Middle East and Central Asia, namely Uzbekistan, Kazakhstan, Iraq, Jordan, Kuwait, Lebanon, and Saudi Arabia.
We have created an innovative ecosystem with ZoodPay’s ‘Buy Now, Pay Later’, its ZoodMall marketplace, and the logistics cross-border corridor, ZoodShip. This ecosystem empowers and incentivizes merchants from the Middle East, Central Asia, China, Europe, Russia, and Turkey to open their storefronts to local and new markets without additional set-up costs or fees. Merchants have a unique one-stop value proposition offer to shoppers, supporting them in gaining new customers by offering:
Secure, flexible, and popular payment methods through ZoodPay’s BNPL solution.
Creating demand generation and marketing for products through the ZoodMall B2C marketplace.
Full-operational logistics support for product delivery.
Why ZoodPay ‘Buy Now, Pay Later’?
ZoodPay’s fintech solution offers shoppers options to buy products in their local currency, with the flexibility of paying in 14 days, or in four to six installments, without any interest or fees.
Online shoppers in the markets serviced by ZoodPay may now receive instant approval and purchase products in their local currency, using their own online payment cards, while merchants will be reimbursed in local currency or in EUR.
There are numerous benefits for merchants using ZoodPay solutions in driving their sales, including having access to an alternative payment method to cash-on-delivery, easier entry to the fast-growing online shopping markets in the Middle East and Central Asia, building brand loyalty, as well as the ability to acquire new customers with higher-order value.
Furthermore, merchants using ZoodPay solutions can expect to substantially reduce their customer servicing costs, increase their average order value, and reduce their product returns.
Why ZoodMall - the Middle East’s & Central Asia’s Leading Marketplace?
Another feature for merchants operating from the Middle East, Central Asia, China, Europe, Russia, and Turkey is the availability of ZoodMall, ZoodPay’s marketplace, for demand generation and promotion of products inclusive of a ‘Buy Now, Pay Later’ option. ZoodMall is the Middle East and Central Asia fastest-growing mobile-only shopping app, which provides consumers access to six million products from over 30,000 local and cross-border merchants, with the option to pay cash-on-delivery or with one of the ZoodPay payment methods.
ZoodMall’s marketplace is an ideal solution for cross-border merchants seeking access to countries of the Middle East and Central Asia with a BNPL solution, given the low penetration and fast-growing nature of these markets.
Moreover, ZoodMall overcomes the logistic challenges in delivery or local set-up with a quick integration solution and a low cost of search, which negates financial risk by reducing the need to invest massively before testing the markets and limits costs to only sales performance, and relieves the cumbersome need to manage customer support.