valU and Bosta to Introduce Installment-on-Delivery Services
This collaboration aims to provide flexible payment solutions to a wide range of e-commerce businesses, boosting their sales potential.
valU, EFG Holding’s buy-now, pay-later (BNPL) solutions provider, has announced a strategic partnership with the courier services provider Bosta to introduce new installment-on-delivery (IOD) services for shipments in Egypt.[1]
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This collaboration aims to provide flexible payment solutions to a wide range of e-commerce businesses, boosting their sales potential. It will introduce flexible installment plans, ranging from one to 60 months.
In addition, the payment solutions provider PayTabs Egypt will enable the application of the IOD feature through the valU app.
The primary focus of this agreement is to address the needs of small- and medium-sized enterprises (SMEs).
Bosta, as the courier services provider, is committed to facilitating installment payments for its customers without any additional fees.
valU's customers will now be able to pay for Bosta's shipments through its app upon delivery.