Faysal Bank, Mercantile sign agreement to sell Apple products  

Faysal Bank and Mercantile Pakistan (authorized Apple distributor) have entered into a partnership under which the bank will provide a facility of buy now pay later (BNPL) at a zero percent interest rate to its customers using its payment cards.

With this facility, over 100 mercantile registered resellers will offer Apple products on installment plans of 3, 6, 9 and 12 months.

The Apple products will also be available on Faysal Bank DigiMall, Faysal Bank's online marketplace, and via PIP options through call centers.

Speaking at the occasion, Aneeq Malik, head of consumer finance and payment services at Faysal Bank, said: “This card-led product will also spur growth among the various businesses during this period of uncertainty.”

Source: thenews.com.pk