Yango Pakistan has introduced a new Sharia-compliant fintech service called Pay Later to support online shopping and help local businesses increase sales. The service allows customers to divide eligible purchases into equal payments while providing merchants with another option to improve customer convenience.
The launch marks Yango’s first fintech initiative in Pakistan. The company said the service is designed to expand its digital ecosystem and create new opportunities for both customers and businesses.
Initially, Pay Later is available as a pilot service on selected partner merchant websites. Customers can use the option to split their purchases into equal payments, which are made every two weeks.
The service is also available through the Shop section of the Yango SuperApp, where users can explore participating merchants. The initial partners include Habitt, Sana Safinaz, Bagallery, Ego, Walkeaze, Scent N Secrets, and other brands.
Yango Expands Digital Financial Services
Under the pilot phase, Yango Pakistan plans to increase its merchant network. The company aims to include more than 100 major online retailers from fashion, beauty, home products, and electronics sectors by the end of the year.
The company said its team will work closely with customers and merchants during the pilot period. The purpose is to improve the service experience and assess its impact before expanding further.
The Pay Later service has also been reviewed for Sharia compliance. According to the company, Dr. Muhammad Imran Ashraf Usmani of Usmani & Co. Shariah Advisors (Pvt.) Ltd. examined the structure and operating model of the service.
The review confirmed that the solution follows Shariah requirements, according to the information shared by Yango Pakistan.
Supporting Pakistan’s Digital Economy
Miral Sharif, Country Head of Yango Pakistan, said partnerships remain an important part of the company’s approach. She highlighted that the fintech service aims to help businesses grow while providing more value to customers.
Ali Hussain, Head of Sales at Yango Fintech in Pakistan, said Pay Later was developed according to the needs of the Pakistani market. He added that the service includes Sharia principles from its initial design.
Yango Group entered Pakistan in 2023 with its ride-hailing service. Since then, the company has expanded its operations by introducing Delivery and Cargo, Ads, Transport, and B2B services.
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The company now operates a wider digital ecosystem aimed at providing technology-based solutions for individuals and businesses across Pakistan. The introduction of Pay Later represents another step in Yango’s expansion into digital financial services.
