Dubai, United Arab Emirates – HYKE, the app-based digital distribution platform that uses AI to power its business, has announced the integration of digital payments into its platform. This allows merchants in the UAE to complete payments through the app at no additional cost, regardless of the number of transactions performed or the transaction value. This allows retailers to pay HYKE directly with their Business Bank Account, without manual intervention or delays.
The seamless one-time integration and easy-to-use in-app solution is designed to make life easier for retailers who already use HYKE to manage their payments.
This new feature is powered by HYKE’s state-of-the-art platform technology, which not only reconciles payments quickly, easily and securely for merchants, but also reduces the friction in traditional payment collection logistics.
“We are always looking for ways to make our app more user-friendly and efficient for our retailers. The integration of digital payments is a natural extension of our AI-powered platform and will provide our retailers with a much smoother experience. to their corporate bank account and their outstanding balance directly from the HYKE app. The payment will be reflected in the Credits & Payments dashboard within minutes,” said Sajjad Zaidi, Product Manager at HYKE.
This service is fully compliant with PCI Compliance and regulated by the Central Bank of the UAE. No one can make any transfer except the merchant themselves to ensure that all payments are safe and secure. With this latest update, HYKE makes it even easier for retailers to manage their stock and bring products to market quickly and efficiently.
Digital payments are becoming increasingly popular in the UAE, and many businesses are now accepting them as a way to reduce costs and speed up transactions. HYKE’s integration of this payment method will make it even easier for retailers to do business on the platform and provide a better experience for their customers. The integration of digital payments in the HYKE app will significantly reduce the administrative burden for Retailers, who no longer have to manually process payments or keep track of credits. It also allows retailers to make payments at any time and from anywhere, making the whole process easier.
This is an important development for HYKE as it strives to further enhance the experience of its retail partners and provide them with all the tools they need to succeed in today’s digital economy. With this new feature, HYKE makes it easier than ever for retailers to do business on its platform and gives them another reason to choose HYKE as their go-to digital distribution partner.