Today, Telr the award-winning online payment gateway and PayPal announced their collaboration which will allow Telr merchants in the United Arab Emirates to accept PayPal payments for customers shopping online. This team up aims to unveil a key global cross border shoppers’ opportunity, expanding market size for Telr’s UAE merchants by enabling them to sell in over 200 markets globally.
The new service aims to enrich the supported Telr payment methods and thus improve the payment offering of Telr’s Merchants, giving them the opportunity to increase their market presence globally by reaching to 348 million worldwide PayPal consumers.
Furthermore, this comes to support the continuous efforts taken towards the transition to digital payments in-lined with UAE’s Vision to achieve a cashless society by 2021.
Commenting on the new collaboration, Telr’s CEO Khalil Alami, said: “merchants should look beyond their own borders for sales opportunities, Telr is one of the few payment gateways who enabled a grand collection of payment methods”.
Alami went on to add: “we strive to provide our merchants with the latest technologies and the best payment methods available in the market, which aim at enhancing their competitive position among other merchants and ease the online shopping process for their customers.”
“At PayPal our focus has always been to help businesses leverage global opportunity and in light of the digital adoption which the pandemic has brought us, cross-border selling has become ever more relevant. This collaboration should enable new opportunies for the SME, MSME & Large Corporates to go global and tap into our 348 million consumer base across 200 markets, and we are delighted to join hands with Telr to help local businesses grow and thrive,” said, Matt Komorowski, Senior Director Channel Partnership