PriceOye and United Bank Limited have partnered to make ‘Buy Now, Pay Later’ available to credit card holders of United Bank Limited.
Buy Now, Pay Later is a payment option that allows customers to pay for large purchases in equal installments over a certain period.
Tell me more: PriceOye is an Islamabad-based e-commerce startup that offers mobile phones and electronics. The website features lots of product information and reviews to make shopping easier.
With Buy Now, Pay Later enabled, customers can shop for their desired products and payback in three, six, nine, or twelve months plans.
PriceOye is also working with other Pakistani banks and BNPL service providers to make this option available to credit and debit card customers.
You should know: PriceOye was founded in 2015 by brothers Adnan and Adeel Shaffi. The startup has raised $450,000 in disclosed funding to date.
Zoom Out: PriceOye is trying to get on the BNPL wave as consumer habits change. BNPL is picking up in the country with providers like QisstPay and KalPay.