Yango Pakistan has launched its first fintech product in the country. It is called Pay Later. It lets shoppers split purchases into equal payments.
Yango Pakistan is part of the global tech company Yango Group.
How Pay Later Works
Shoppers can split eligible purchases into equal payments. These payments are due every two weeks.
The service is starting as a pilot. Right now, it only works on the websites of a few partner stores. Shoppers can also find these stores through the Shop section of the Yango SuperApp.
Merchants already on board include Habitt, Sana Safinaz, Bagallery, Ego, Walkeaze, and Scent N Secrets. Yango Pakistan wants to add more than 100 large online stores by the end of the year. These will cover fashion, beauty, home goods, and electronics.
Checked for Sharia Compliance
Dr. Muhammad Imran Ashraf Usmani reviewed the Pay Later model. He works at Usmani & Co. Shariah Advisors (Pvt.) Ltd. His review confirms the service follows Sharia rules.
What Yango Says
Miral Sharif is Yango Pakistan's Country Head. Sharif said working with local companies is a big part of how Yango runs its services in Pakistan. Sharif added that Pay Later brings this same idea into fintech. It helps merchants reach more shoppers and supports Pakistan's growing digital economy.
Ali Hussain heads sales at Yango Fintech in Pakistan. He said Pay Later gives merchants another way to make shopping easier for customers at checkout. He added the product was built for local shoppers, "with Sharia principles incorporated into its structure from the outset."
