Lahore, November 11, 2024 – Bank Alfalah, one of Pakistan’s leading commercial banks, proudly announced the relaunch of AlfaMall, the bank’s premier e-commerce platform and the country’s largest formal Buy Now, Pay Later (BNPL) marketplace, now featuring an exclusive BNPL option in the fashion category. Marking the occasion, an exclusive exhibit featuring renowned designers was held at the historic Mohatta Palace, unveiling the new AlfaMall website with a celebration of style, financial empowerment, and digital innovation.
The event was hosted by Bank Alfalah’s Senior Management and was graced by the presence of Senator Rubina Khalid, Chairperson of the BISP, Consul Generals from the UAE, US and UK Embassy, CEOs from leading companies, top-tier celebrities and influencers
AlfaMall’s BNPL service offers a seamless, accessible shopping experience, allowing users to make purchases without a down payment and with zero markups on instalments. With flexible payment plans spanning 3, 6, 9, or 12 months, users can shop using any bank’s credit card in Pakistan, making it one of the most accessible BNPL platforms available in the country.
The AlfaMall relaunch also introduces the highly anticipated 11:11 shopping festival, an exclusive opportunity for shoppers across Pakistan to buy top categories like mobile devices, electronics, home appliances and motorbikes. This nationwide shopping extravaganza is designed to bring unbeatable deals and savings, establishing AlfaMall as the ultimate one-stop destination for premium e-commerce experiences.
A unique feature of the new AlfaMall is the Hunarmand category, dedicated to supporting and empowering local artisans. Through partnerships with skilled craftsmen and craftswomen, particularly women artisans, this initiative highlights the cultural heritage of Pakistan through products like Ralli quilts and intricate embroidery. Customers can purchase these handmade items, supporting sustainable fashion and economic growth for artisans.
In line with Pakistan’s rich cultural heritage, AlfaMall’s new Fashion category showcases renowned fashion designers such as Deepak Perwani, House of Amir Adnan, Muneeb Nawaz, Ali Javeri, and Hassan Sheheryar Yasin (HSY). These fashion outfits and jewellery can now be purchased on convenient BNPL instalment plans, on AlfaMall.
By leveraging digital innovations like BNPL and expanding access to premium brands and sustainable local craftsmanship, AlfaMall is driving the growth of Pakistan’s digital economy, fostering economic empowerment, and paving the way for a more inclusive future.
