Lamcy Plaza and Emirates NBD (ENBD) have announced a landmark collaboration. Designed to give shoppers unrivalled flexibility, the first-ever mall-wide ‘Shop Now and Pay Later’ scheme in the UAE allows them to make purchases at any of the over 100 outlets at the mall and pay in monthly installments at 0 per cent Interest.
This goes across the mall’s entire retail portfolio including the hypermarket, pharmacy, salon, food court and play area as long as the single transaction value is Dhs300 or more.
Shoppers have 3 months to make payments at 0 per cent interest. Those who spend Dhs1000 or more on gold, jewellery, watches and accessories have the option of paying back within 6 months at 0 per cent interest.
“For the first time ever, ENBD has tied up for a mall wide partnership offering its 0 per cent Interest Installment Plan, already hugely popular with our Credit Card members,” said R Sivaram, SVO and Head of Cards business at ENBD.
“Shoppers no longer have to wait till pay-day to make those large purchases. This programme is designed to facilitate spend across large denomination items such as electronics, gold and jewellery or even weekly groceries,” said Tim Jones, CEO, Lamcy Plaza.