Latest news with #WebGriebel
Business Wire
23-04-2025
- Business
- Business Wire
Affirm and WooCommerce Bring Longstanding Partnership to the UK
LONDON--(BUSINESS WIRE)--WooCommerce, the flexible, open-source ecommerce solution built on WordPress, today announced that it has expanded its partnership with Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, by launching their services in the U.K. WooCommerce merchants in the U.K. can now seamlessly integrate Affirm, and offer their customers customizable payment options at checkout. Approved customers can select the customized payment plan that best suits their needs. As always with Affirm, consumers will never incur any hidden or late fees. 'We're proud to deepen our collaboration with Affirm and extend more flexible payment options to WooCommerce merchants in the U.K.,' said Web Griebel, Head of Payments at Woo. 'This expansion is part of our ongoing effort to give merchants the tools they need to meet the evolving demands of customers looking for the widest range of purchasing options.' Independent bed retailer Bedworld is among the U.K. businesses planning to offer Affirm through WooCommerce. "At Bedworld, we understand that choice and flexibility are essential for meeting individual sleep needs. Affirm's pay-over-time solutions provide exactly this experience for customers at checkout," said Uzair Valli, Executive at Bedworld. "We are delighted to offer Affirm both to drive business growth and to enable our customers to purchase beds and mattresses in the way that works for them." "More than 170,000 merchants all across the U.K. – businesses large and small, representing almost every industry – power their business with WooCommerce, and now they can supercharge growth with Affirm's more flexible, transparent, and long-term pay-over-time options," said Ruth Spratt, V.P. and U.K. Country Manager at Affirm. "We are thrilled to further our partnership with WooCommerce and look forward to not only helping more merchants thrive, but also helping more consumers pay over time on a schedule that works for them, without any late or hidden fees." Since 2015, Affirm has brought flexible and transparent payment options to WooCommerce merchants, helping thousands of small and midsized businesses grow and deliver better experiences to their customers. Today's news follows Affirm's November 2024 launch in the U.K., and the companies' December 2024 expansion of their partnership in North America. WooCommerce merchants in the U.K. can go here to learn more about how Affirm can support their business. About Affirm Affirm's mission is to deliver honest financial products that improve lives. By building a new kind of payment network – one based on trust, transparency and putting people first – we empower millions of consumers to spend and save responsibly, and give thousands of businesses the tools to fuel growth. Unlike most credit cards and other pay-over-time options, we never charge any late or hidden fees. Follow Affirm on social media: LinkedIn | Instagram | Facebook | X. About Woo Woo is the company behind WooCommerce, the open-source ecommerce platform powering more than 4 million online stores. Built on WordPress, WooCommerce offers unlimited extensibility and flexibility for store owners and builders. Woo is a fully distributed company with employees all over the world, dedicated to empowering success for merchants, developers, and anyone else making a living through ecommerce. Affirm is a form of credit. Credit subject to credit check. Terms apply. U.K. residents only, 18 and over with a bank account or a debit card. Credit is subject to a minimum spend, which may vary from time to time. Missed payments could affect your financial status. Affirm UK Limited provides consumer credit products and is authorised and regulated by the Financial Conduct Authority ('FCA') for carrying out regulated consumer credit activities (firm reference number 756087). Company number 10199101, with its registered Office at c/o TMF Group, 1 Angel Court, 13th Floor, London, EC2R 7HJ. Affirm is the trading name of Affirm UK Limited. AFRM-PA
Zawya
30-01-2025
- Business
- Zawya
Paymob, Woo forge partnership to boost e-commerce in MENA
Paymob has entered a landmark strategic partnership with Woo, the open-source e-commerce platform, to reshape the e-commerce landscape in the MENA region. Paymob became Woo's first preferred partner to launch in the region, embedding its services into the WooCommerce Marketplace, according to a press release. The partnership will offer seamless access for merchants to leverage a comprehensive suite of digital payment solutions. Through Paymob Checkout, merchants can integrate more than 50 global and local payment methods into their WooCommerce stores, including Apple Pay, Google Pay, and regional alternatives. Merchants also benefit from fast payment processing, with next-day settlements (T+1) for most methods and instant settlements in select markets. Such developed features, like multi-currency support and retry options for failed transactions, boost higher payment success rates and improve customer satisfaction. The integration will simplify store activation and enable users to start accepting payments quickly and efficiently. Omar El Gammal, EVP of Global Business Development at Paymob stated: 'Our partnership with WooCommerce is a major step forward in our mission to enable regional SMEs with transformative digital tools.' Web Griebel, General Manager of Payments at Woo, commented: 'We're excited about strengthening our partnership with Paymob to offer merchants in MENA a streamlined solution that helps them securely scale their businesses.' Karl Stjernstrom, Vic President of Global Alliances at Paymob, added: 'This integration with Woo reflects our focus on forging strategic alliances that drive innovation and unlock new growth opportunities for Paymob merchants in the MENA region and beyond.' MENA's e-commerce market is expected to grow to $50 billion by 2025, driven by increasing smartphone penetration, a growing young population, and rising demand for digital payment solutions. In December 2024, Paymob allowed its merchant network to accept Apple Pay in Egypt.
Zawya
29-01-2025
- Business
- Zawya
Paymob and Woo partner to revolutionize e-commerce in MENA
Dubai, U.A.E – Paymob, the leading financial services enabler in MENA, announces it has entered a landmark strategic partnership with Woo, the open-source e-commerce platform, becoming Woo's first preferred partner to launch in the region. As a result of this collaboration, Paymob's checkout experience is now seamlessly embedded into the WooCommerce Marketplace, providing merchants with streamlined access to its comprehensive suite of digital payment solutions. This partnership underscores Woo's confidence in Paymob as a trusted partner to provide tailored payment solutions that meet the unique needs of regional merchants. Through Paymob Checkout, merchants can now integrate over 50 global and local payment methods into their WooCommerce stores, including Apple Pay, Google Pay, and regional alternatives. The solution is fully optimized for mobile, delivering a secure and seamless checkout experience with embedded 3D Secure and PCI compliance. Merchants also benefit from fast payment processing, with next-day settlements (T+1) for most methods and instant settlements in select markets. Enhanced features, such as multi-currency support and retry options for failed transactions, drive higher payment success rates and improve customer satisfaction. The integration reflects Paymob's leadership in delivering cutting-edge solutions to the region's merchants. Additionally, Paymob will soon be seamlessly integrated into Woo's onboarding experience, streamlining the setup process for new merchants. This integration will simplify store activation and enable users to start accepting payments quickly and efficiently. The e-commerce market in MENA is projected to grow to USD 50 billion by 2025, driven by increasing smartphone penetration, a growing young population, and rising demand for digital payment solutions. Small and medium enterprises (SMEs) are at the forefront of this transformation, yet many still face challenges in accessing tools that can help them scale effectively. Omar El Gammal, EVP of Global Business Development at Paymob stated 'Our partnership with WooCommerce is a major step forward in our mission to enable regional SMEs with transformative digital tools. By embedding Paymob into WooCommerce's ecosystem, we are creating a future where e-commerce growth is seamless and accessible to all.' Web Griebel, GM, Payments at Woo commented: 'We're excited about strengthening our partnership with Paymob to offer merchants in MENA a streamlined solution that helps them securely scale their businesses.' Karl Stjernstrom VP of Global Alliances at Paymob added: 'This integration with Woo reflects our focus on forging strategic alliances that drive innovation and unlock new growth opportunities for Paymob merchants in the MENA region and beyond.' As Woo's first preferred partner in MENA, Paymob's direct integration into the WooCommerce Marketplace reaffirms its position as a leading enabler of digital commerce success for MENA's SMEs. Launched in 2015, Paymob serves 390,000 merchants across the region with a comprehensive acceptance suite delivered via its gateway, POS terminals and Paymob app. About Paymob Paymob is the leading financial services enabler in MENA delivering innovative financial technologies to customers across the region. Its omnichannel gateway offers more than 50 payment solutions and empowers close to 390,000 merchants including local SMEs and regional and global brands like Decathlon, Vodafone, LG, Uber, IKEA, and Shahid with access to innovative financial services. Paymob was the first fintech company to receive the Central Bank of Egypt's (CBE) Payments Facilitator license in 2018. The company launched in the UAE in 2022 and received The CBUAE Retail Payment Services License in 2024. Paymob received Saudi Payments PTSP certification in May 2023 enabling it to launch its operation in KSA. In December 2023 Paymob was a granted PSP license in Oman. The Company is backed by global and regional investors including PayPal Ventures, Global Ventures, Kora Capital, Clay Point Capital, EBRD, Endeavor Catalyst, FMO, BII, Helios Digital Ventures, A15 and Nclude. For further information Dima Zalatimo, Head of PR & Communications, Paymob Dzalatimo@ About Woo Woo is the company behind WooCommerce, the world's leading ecommerce platform that powers more than 4 million online shops. Built on WordPress, WooCommerce's open-source software empowers anyone, anywhere, to sell anything with truly unlimited flexibility and control over how they build and evolve their business. Launched in 2011 and acquired by Automattic in 2015, Woo is a fully distributed company with employees based around the world.
