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16th December 2023- Tamara, the leading fintech platform in shopping, payments, and banking in Saudi Arabia and the wider GCC region is excited to announce the removal of late fees on its services, effective December 16, 2023. This step reinforces Tamara's pioneering position in the fintech sector, underscoring the central role customers play in shaping and enhancing its services.
Abdulmajeed Alsukhan, Tamara's CEO and co-founder, shed light on the decision "At Tamara, we firmly believe that the customer experience is at the core of our product development process. We also understand the market's need for financial products that seamlessly align with customers' needs, empowering them in their daily lives. In our commitment to providing an exceptional experience for Tamara customers and partners, we are excited to announce the discontinuation of late fees. This decision reflects our ongoing dedication to crafting financial solutions that flow effortlessly into our users' lives, ensuring a smooth and hassle-free journey with Tamara."
This change underscores Tamara's commitment to providing financial solutions that resonate with its diverse customer base. While upholding Sharia principles, Tamara is also dedicated to meeting evolving customer expectations and maintaining a socially responsible business model.
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