Al Salam Bank announced the collaboration of the ASB Pay Business platform, specialized in providing Shari’a-compliant digital point-of-sale solutions, with ONE App, the Bank’s comprehensive financial application, to offer a distinctive financing solution to visitors during Jewellery Arabia 2025, by enabling the conversion of any purchase made using a debit card into easy monthly installments for up to 3 months, without requiring the merchant to be enrolled in any installment program.
This initiative comes as part of Al Salam Bank’s ongoing efforts to enhance digital transformation and provide innovative services that support clients’ needs. The service enables visitors to split their purchases by paying with their debit card through ONE App and convert the amount into monthly installments without any extra fees – exclusively during the exhibition period – with instant approval and without the need for merchant registration or contacting the Bank.
On this occasion, Mr. Mohammed Buhijji, Chief Executive of Retail Banking at Al Salam Bank, stated: “We are proud of this collaboration between two pioneering platforms under Al Salam Bank – ASB Pay Business and ONE App – to deliver a flexible and secure banking experience that meets clients’ aspirations during Jewellery Arabia. We are committed to providing solutions designed to meet the diverse needs of our clients in a simple and effective manner.”
For his part, Mr. Haitham Al Haddad, General Manager of ONE App, said: “We are pleased to collaborate with ASB Pay Business to present a first-of-its-kind initiative, where the installment service will be offered with no additional fees to the merchant or the client during the exhibition when using any Al Salam Bank debit card. This service enables instant installment even when purchasing from merchants not enrolled in an installment system, making the experience more inclusive and seamless.”
The Flexi Payment service from ONE App allows users to convert any purchase into 3 monthly installments with instant approval and simple steps within the app, without any paperwork or merchant involvement. It includes all purchases made using Al Salam Bank debit cards.
Meanwhile, the ASB Pay Business platform enables merchants to carry out sales transactions via their smartphones, without the need for traditional devices. It allows them to issue invoices, create payment links, and track transactions with ease, offering a flexible digital solution that supports the growth of businesses of all sizes.
This collaboration between Al Salam Bank’s platforms affirms the Bank’s commitment to providing a progressive digital banking experience that enhances access to financial services and supports a wide range of clients – both individuals and merchants alike.
