Cardholders in Iraq can instantly shop and “Buy Now Pay Later” on ZoodMall marketplace

Press Release.

Payment options Baghdad, December 27, 2020  Switch, a leading financial services entity in Iraq, facilitating online transactions for government, business  and individual customers announces a strategic partnership with ZoodMall, offering all Switch cardholders  access to three types of “Buy Now Pay Later” solutions on ZoodMall’s mobile-only, highly user-friendly shopping app. 

ZoodMall is the region’s fastest growing shopping app and cross-border e-commerce marketplace, operating in seven countries in Central Asia and the Middle East, and offering over 4 million items sourced  from thousands of local merchants and cross-border suppliers mainly from Turkey and China, at very  competitive pricing. 

ZoodMall’s shopping app and provides the first localized shopping experience overcoming constraints on language, payment methods and logistics thus creating a seamless and rewarding customer experience  for underserved, mobile-ready customers.  

Switch cardholders, subject to approvals, will have instant access to three types of “Buy Now Pay Later”  options on ZoodMall through its attractive ZoodPay solution offering with 0% interest rate, transparent  payment terms and automatic repayments: 

1. Pay 14 days after Delivery: Make an order on ZoodMall, get a product, unpack and try it and  payment will be processed on his card after 14 days. Great solution to replace Cash on Delivery. 2. 3 easy instalment plans of 0, 30, 60 days payments: Make an order on ZoodMall, enjoy your  product and pay in three equal installments. An easy, intuitive, and smart purchasing tool. 3. 6 installments plan exclusively available for specific Samsung smartphones in Iraq, whereby a customer selects a Samsung smartphone, makes a down payment of 30% of the price, receives  the smartphone and pays balance in 5 equal payments each 30 days. Instant approval, 100%  online, no documents required and no bank visit. 

Al Naser, CEO of Switch commented: “Through this strategic partnership with ZoodMall, the region’s  fastest growing shopping app offering over 4 million products, we are fulfilling Switch’s vision of playing a  pivotal role in transforming the online payment system in Iraq and driving the nation towards a cashless  economy. By providing the Iraq community with a convenient, innovative, transparent, and secure e payment platform for their online shopping experience, Switch is supporting the strategy of the Iraq  Central Bank and the aspirations of Iraq’s e-Government strategy.”

Michael Khoi, CEO of ZoodMall said, “We are excited by our collaboration with Switch, Iraq’s leading  financial services entity in offering many payment options for ZoodMall’s products to Switch’s cardholders.  Iraq is an emerging and digital savvy country at the forefront of innovation that is witnessing exponential  growth in online shopping. We are keen on supporting the local business community in helping them  promote and sell their products on the ZoodMall platform, as well as offering the wider Iraqi community  more choices in their online shopping experience.”  

Available in Playstore and App Store, the ZoodMall shopping app aims to become the #1 reference for  purchase of top-tier mobile devices in the region, currently offering all major mobile brands – including  Apple, Samsung, Huawei, Oppo and many more from local merchants, at the very competitive prices. In  addition, ZoodMall offers over four million cross-border products such as low-cost and high-quality  electronics, apparel, accessories, beauty, home, and garden products, children’s toys, as well as local  branded products.  

For further information on Switch; ZoodMall or download the ZoodMall app in Play Store or App Store.

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