Now You Can Shop at EGO and Pay Later with JazzCash
JazzCash, Pakistanโs leading fintech platform, has partnered with EGO, a popular fashion brand, to introduce a game-changing feature for its customers. JazzCash users can now purchase EGO products through a Buy Now, Pay Later (BNPL) option, spreading payments over three easy monthly instalments. This move is part of JazzCashโs broader initiative to make financial services more accessible and convenient for its 45 million users.
As inflation and rising costs impact consumer budgets, BNPL offers a practical alternative to traditional credit cards. JazzCashโs BNPL service allows customers to shop for their favourite items without the need for formal bank accounts or employment history verification. Customers simply scan a QR code at checkout to activate the service, making it particularly accessible to the unbanked population of Pakistan.
Now You Can Shop at EGO and Pay Later with JazzCash
The BNPL plan breaks down payments into three instalments over 90 days, with a 15% service fee applied at checkout. A late fee of 10% is charged if subsequent instalments are delayed beyond 30 days. Despite these nominal charges, the service remains an affordable and flexible option for customers.
Expanding the Shopping Experience
EGO is not the only brand benefiting from JazzCashโs BNPL service. The service is already available for electronics shoppers through Telemart and will soon expand to leading brands like MBasics, Alkaram, and Dune London. This initiative aims to provide customers with a seamless shopping experience across various categories while driving incremental revenue for partner brands.
โOur goal at JazzCash is to bring innovative solutions relevant to Pakistanโs market, for both customers and businesses,โ said Aamir Aftab, Chief Product Officer at JazzCash. โBNPL offers people increased purchasing power, allowing them to manage their finances more flexibly while helping businesses attract more customers with simple payment options.โ
Supporting Financial Inclusion
JazzCashโs BNPL service exemplifies the companyโs commitment to financial inclusion. Unlike traditional credit products, BNPL removes barriers such as the need for credit history or formal banking, enabling millions of Pakistanis to enjoy greater financial flexibility.
The introduction of BNPL has contributed to JazzCashโs impressive growth, with a 58% increase in transaction value reported in 2024. As digital payments continue to grow in popularity, JazzCashโs innovative offerings position it as a leader in Pakistanโs fintech landscape.
Our Thoughts
JazzCashโs partnership with EGO highlights the growing importance of financial innovation in Pakistanโs retail sector. By enabling customers to make purchases in manageable instalments, JazzCash not only enhances the shopping experience but also supports the economic resilience of consumers and businesses alike. With more brands joining the BNPL ecosystem, JazzCash is set to transform how Pakistan shops, one instalment at a time.
See Also: Win a Samsung A32 by Paying Your Transworld Home Bill via JazzCash!
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