• ●       Carrefour brings ease for its customers with the opportunity to shop now and pay later
• Innovative solution reflects the rising demand for payment flexibility

Karachi, October 7, 2022: Carrefour, owned and operated by Majid Al Futtaim in Pakistan, has signed a Memorandum of Understanding (MoU) with Bank Alfalah to launch its first ‘Buy Now, Pay Later’ initiative. This first-of-its-kind solution means that customers with an Alfa account can now scan a product’s QR code to pay in instalments in-store without experiencing any price markup, affording more flexibility when it comes to check-out.

The agreement was signed between Imran Mansoor, Country Finance Manager of Carrefour Pakistan, and Syed Irfan Akhtar Gillani Business Head of Retail Central, of Bank Alfalah, at Carrefour Head Office, Fortress. The ‘Buy Now, Pay Later’ service can be availed by all BAFL credit card users across all products and categories.

Umer Lodhi, Country Manager of Carrefour Pakistan at Majid Al Futtaim Retail, said: “We believe in providing our valued customers with an elevated shopping experience by offering a range of services and products paired with innovative digital solutions. With our ‘Buy Now, Pay Later’ service, we are thrilled to support more customers with easy, manageable payment options – demonstrating our commitment to convenience and value. Our latest initiative in collaboration with Bank Alfalah has been designed for transparency and ultimate flexibility to protect the purchasing power of our customers in Pakistan.”

Commenting on the partnership, Mr. Yahya Khan Group Head of Digital Banking Group, remarked, “Bank Alfalah is committed to providing affordable and convenient services to its customers. Our partnership with Carrefour is yet another step forward in this endeavour. Through this collaborative effort, we are hopeful of creating a long-term positive impact across our customer base. ‘Buy Now, Pay Later’ service allows consumers to make purchases and pay for them at a future date. This is not just an initiative but an experience that aligns with our vision of customer centricity, and focusing on providing unmatched services to give a great experience.”

The process to use Carrefour’s ’Buy Now, Pay Later’ feature is quick and easy. Customers can use the Alfa app to scan an item’s QR code, choose ‘Credit Card,’ and enter their payment information. After choosing their desired tenure, they will be able to pay in manageable instalments. The last step is to accept the terms and conditions, which maintain that the instalment plan can only be booked for the transaction amount of PKR 3,000 or above and for a tenure of up to 12 months.

In addition to the convenience of in-store shopping, Carrefour also offers its delivery service through the Carrefour Pakistan app and customers can use MyCLUB to gain instant discounts, earning and redeeming points. For further information, please head to https://www.carrefour.pk/mafpak/en/ to check out the variety of products available in stores.

• Anniversary celebrations will run from September 29 – October 26 across all Carrefour stores in Pakistan
• Special ‘Shop n’ Win’ promotion will reward lucky customers with attractive prizes

Karachi, September 28, 2022: Carrefour, owned and operated by Majid Al Futtaim in Pakistan, announced its 13^th anniversary celebrations start on September 29 and will continue up until October 26. During this period, Carrefour will reward its customers with high-value prizes through a special ‘Shop n’ Win’ promotion, as a gesture of gratitude for their continued loyalty. Customers will also be able to enjoy special discounts and deals during this celebration and participate in exciting games and competitions to win instant prizes.

Umer Lodhi, Country Manager of Carrefour Pakistan at Majid Al Futtaim Retail, said, “We have experienced phenomenal growth during the 13 years of our operations in Pakistan and converted millions of shoppers into loyal and satisfied customers. The secret to our success lies in our vision of creating great moments for everyone, every day. Carrefour has become synonymous in Pakistan for providing customers with unbeatable value and choices and we are proud to be continuing this tradition through our anniversary campaign.”

Carrefour has been serving millions of Pakistani customers per annum since 2009. Carrefour is currently operating around ten stores in Karachi, Lahore, Islamabad, Faisalabad and Gujranwala. While its total investment in Pakistan currently stands around 11 billion rupees, there are plans to extend Carrefour’s retail presence to many more cities across Pakistan. Carrefour has also been instrumental in supporting the local economy by sourcing 99 percent of its products from more than 700 local suppliers across the country. The brand significantly contributes to human capital development in Pakistan by creating thousands of direct and indirect jobs through its own operations and supply chain sourcing policy.

In addition to the convenience of in-store shopping, Carrefour offers its delivery service through the Carrefour Pakistan app and customers can use MyCLUB to gain instant discounts, earning and redeeming points. For further information, please head to https://www.carrefour.pk/mafpak/en/ to check out the variety of products available in stores.