Daraz is bringing 11.11, the world’s biggest sale from 11th to 17th November in Pakistan. This year there are 15 million products on which customers can avail discounts worth up to Rs. 50 Crore. Our goal is to provide the most exciting digital payment solutions together with our 11+ payment partners who will be launching exclusive deals, discounts and installment plans on the online shopping platform.
Daraz is providing multiple options for digital payments to encourage contactless payments and increase customer convenience. This year Daraz payment partners include HBL, Bank Alfalah, Meezan Bank, MCB, Faysal Bank, Allied Bank, Askari Bank, Silkbank, Standard Chartered, UBL and Easypaisa. Five of our payment partners – Bank Alfalah, Standard Chartered, Silkbank, MCB and UBL are also offering the option of Easy Monthly Installments for purchases on Daraz with up to 18-month installment payment plans with selected tenures at a 0% markup. Daraz also has its own Daraz Wallet, which provides exciting offers to customers and increases financial inclusion for the unbanked population of Pakistan. Daraz is proud to be powered by the Ant Group which provides it technical support for digital payments on the platform.
Our efforts to digitize the economy include encouraging digital payments as a safer and more reliable method of payment for customers which also makes the online marketplace more efficient. It is also important to note that Pakistan has low financial inclusion and digitizing the economy will help remove barriers for financial inclusion. Reportedly, only 21% of Pakistan’s population has access to banking services and the number of online payments is even lesser. Together with our payment partners and multiple digital payment solutions, there has been a massive increase in digital payments on our platforms this year with almost half the payments being done through digital payments by the customers.
“At Daraz we continue to empower our customers and providing an excellent digital payment experience coupled with payment options has been our top priority. We have invested heavily in integrating with leading payment partners to provide our customers with multiple digital payment options including bank cards, bank accounts and digital wallets besides offering different payment solutions on our market place. I am pleased that this year on 11 11 Sale we will have the biggest ever participation of leading payment partners to promote digital payments and help digitize Pakistan’s economy.”, Syed Zeeshan Ali, Director Digital Payments Daraz
We are all prepared to host our customers with multiple payment digital options when they are making their purchases this 11.11 on Daraz and experiencing convenient and flexible digital payments bundled with exciting offers. Daraz Sale 2020 “Happy Shopping”!