CreditPer, a pioneer in digital financial services in Pakistan for individuals and businesses alike, has joined hands with PayPro to provide integrated digital payments with AI-based lending solutions to customers in Pakistan.
CreditPer is an established lending-based Islamic fintech company in Pakistan, with a vision to providing access to fair credit to under- and unserved market segments. They’re game changers that provide credit solutions to retailers, farmers, and customers nationwide.
PayPro, on the other hand, is a fintech company offering merchant bill aggregation and payments gateway solutions with the largest merchant base in the country, serving both MSME’s as well as large corporations across all business sectors.
CreditPer is all set to provide convenience, flexibility, and payment security to enterprises that aim to increase their customer base through viable lending-based financial products. Customers can now simply download the CreditPer app, sign up on it, and buy from available items on easy installments (more product categories are consistently being added to the CreditPer portfolio). They can checkout with an option of paying their total bill later on easy, interest-free installments, by using PayPro as a payment gateway.
As a result of this partnership, invoiced customers of non-eCommerce merchants will also be able to avail themselves of BNPL services through PayPro’s interoperable platform.
Speaking on the MoU signing ceremony, Mr. Owais Zaidi, CEO, CreditPer, said, “This initiative is a step towards facilitating Pakistani customers to avail credit options, as well as allowing merchants to book better sales with broader business reach, leading to record sales!”
Mr. Ali Janjua, CEO, PayPro added, “Digital transformation isn’t about any single project, it’s rather about changing the culture and transforming how you create and exchange value with customers or suppliers alike, and we aim to offer our patrons a brand experience that’s worth sharing.”
This partnership will also enable CreditPer to expand their financial product’s accessibility through integrating with PayPro’s successfully marketed payments platform, and enter the mainstream merchant market, to provide better value to merchants, via their extensive experience and position in the industry as pioneers of digital lending through alternate credit scoring.