INSTALLMENT PLAN  FOR BANK ALFALAH CREDIT CARD HOLDS ONLY. 

ALFA BNPL via QR

Empowering customers with instant installment flexibility.
With Alfa Buy Now - Pay Later (BNPL), users can scan a QR code at any participating merchant and split their purchases into easy monthly installments — no paperwork, no delays.

How It Works:

  1. Scan the merchant’s QR using the Alfa app.
  2. Select your preferred installment plan from available tenures.
  3. Confirm the transaction and enjoy your purchase.
  4. Pay later in affordable monthly installments.

Installment Plan Options:

Tenure (Months) 3 Months 6 Months 9 Months 12 Months 18 Months
Processing Fee 6% 10% 13% 18% 18%
Markup 0% 0% 0% 0% 7%
  • Zero markup for plans up to 12 months
  • Instant approval at point of sale
  • No documentation required
  • Convenient tracking via Alfa app dashboard
QR Payment

Terms and Conditions:

  • Pay in installments option by scanning QR will only be available for credit card customers.
  • Installments available for transactions above PKR 3,000.
  • Credit card limit equal to transaction amount will be locked for selected tenure.
  • Customer will receive confirmation SMS.
  • No markup will be charged.
  • Processing fees from 0–12% may apply.

Frequently Asked Questions

No markup is charged by the company. However, a processing fee may be applied by the partner bank according to the selected installment plan.
The processing fee depends on the selected installment tenure:
  • 3 Months – 5.5% of the total transaction amount
  • 6 Months – 8% of the total transaction amount
  • 9 Months – 10% of the total transaction amount
  • 12 Months – 12% of the total transaction amount
The fee is calculated on the full transaction value at the time of installment conversion.
No additional documentation is required. Customers within Karachi may receive same-day delivery subject to order confirmation timing. Orders outside Karachi are typically delivered the next working day.
The first installment serves as the advance payment. No separate upfront amount is required beyond this.
The QR-based installment facility is exclusively available for eligible partner bank credit card holders. Alternative installment methods may be available depending on customer location.