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Get Ready For Amazon Prime Day — July 11 & 12, 2023
Historically, the two-day sale offers some of the best deals of the year, especially on Amazon-branded products.
Are you ready to snap up a selection of bargains from one of the biggest sale events of the year? If you have cash burning a hole in your wallet and can’t wait for Black Friday and Cyber Monday, get ready for Amazon Prime Day, taking place on July 11 and 12.
The huge sale by the world’s most popular eCommerce platform kicks off at 11:00 in the UAE (10:00 in Saudi Arabia) on Tuesday, July 11, with huge discounts offered to Amazon Prime members on a wide range of products.
We have yet to hear details about what will be on sale, but based on past Prime Days, Amazon’s own range of devices are likely to see the largest discounts. Last year, Amazon began offering great deals on Echo speakers, Alexa-enabled devices, and Eero routers in late June, so keep a close eye out for bargains as we countdown to the main event.
In addition to physical products, we’re expecting discounts on Prime Video and Amazon Music Unlimited subscriptions, plus invite-only deals allowing Prime members to sign up in advance for offers that are expected to sell out.
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As well as Amazon-branded products, the two-day sale will offer steep discounts on a wide range of electronics, including 4K TVs, robot vacuums, headphones, laptops, and much more. Although readers are probably most interested in grabbing a tech bargain, there will also likely be plenty of great deals to be had on homeware, toys, beauty products, and most other product categories.
Prime Day will be available to Prime members in 25 countries, including Egypt, Saudi Arabia, and the United Arab Emirates, in the MENA region.
News
NEOPAY Wants To Follow Merchants Across Channels And Borders
A controlling 65% stake in noon payments would give NEOPAY access to marketplace sellers, online merchants and the payment flows they generate.
It’s been a long time since checkouts were single defined places. A merchant might take payments at a physical register, on its own website and through an online marketplace, sometimes in more than one country. NEOPAY wants to follow those transactions wherever they happen.
The UAE payments company has entered into an agreement to acquire a 65% controlling stake in noon payments. NEOPAY already runs the acquiring infrastructure that lets merchants accept card payments, along with omnichannel acceptance and a merchant services platform. This new deal would add noon payments’ embedded payments platform, e-commerce gateway and merchant network across the UAE, Saudi Arabia and Egypt. That would considerably expand both NEOPAY’s digital commerce capabilities and its regional reach.
For merchants, the attraction is a single provider for online and in-store payments, plus faster settlements, data and analytics, and value-added financial services.
“Payments should be simple, reliable, and built for the markets they serve,” said Faraz Khalid, CEO of noon. His counterpart at NEOPAY, Vibhor Mundhada, added: “We have built a strong payments business in the UAE, and our ambition is now to take that capability across the region”. The acquisition, Mundhada added, would “expand our footprint into Saudi Arabia and Egypt” while reinforcing NEOPAY’s position at home.
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NEOPAY is also keen to point out potential payment volume increases. The company says noon payments’ integrations with marketplace sellers and online merchants create high transaction density in some of the region’s fastest-growing digital commerce segments. It also believes control of the business would give it access to those merchant relationships and payment flows, and speed up the rollout of alternative payment methods and installment options.
The combined roadmap targets faster merchant onboarding, better payment performance, tighter fraud controls and embedded financial services. The deal could also strengthen cross-border payments and settlement along key regional commerce corridors.
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