Skip to main content

Amazon Pay Later launched in India: Everything you need to know

Amazon has launched a new service called ‘Amazon Pay Later’ that aims to offer instant credit to eligible customers shopping on Amazon.in. The service lets people sign up digitally and allows customers to get instant credit that can be used to purchase any product. The credit can also be used to pay off bills. They can then repay the amount in the subsequent month at no additional cost, or in EMIs for up to 12 months with added interest. 

The service aims to help customers extend their budgets for the purchase of goods like home appliances, electronic gadgets, groceries and even bill payment. The e-tailer has partnered with Capital Float and the Karur Vysya Bank (KVB) to make the service possible. In its official blog, the company notes that customers will have the option to setup auto-repayment for recurring bills. Based on the usage as well as repayment behaviour, customers will also be able to increase their credit limit. 

Mahendra Nerurkar, CEO Amazon Pay India stated, “we are always looking for ways to improve our customers’ payments experience on Amazon.in and make purchases more affordable. Amazon Pay Later is a unique service that will help customers expand their access to credit and experience the most convenient option of making payments. In current times Amazon Pay later empowers our customers to better manage their monthly spends.”

You can learn more about Amazon Pay Later in the company’s help section here.

In order to sign up for the service, customers will need to share their PAN card number and their Aadhar card number. It should also be noted that eligible customers do not need a credit card to sign up. In fact, the service is very similar to the Amazon Pay EMI service that was launched in September 2018. 



from Latest Technology News https://ift.tt/3bZqfk9
Labels:

Comments

Post a Comment

Popular posts from this blog

PS5 unboxing videos show how huge the console is

To say that Sony has been a bit coy when it comes to the PlayStation 5 would be a bit of an understatement. The company only recently announced the India pricing of the console and now finally we have unboxings of the console going live and one thing is pretty clear - The console is HUGE!  So what do you get in the box? Well… besides the console itself (and the manuals), you get: DualSense controller USB Type-C charging cable for the controller HDMI 2.1 cable Power cable for the console (no bulky adapter/box) Plastic stand Now the plastic stand is used if you place the console on its side. As there is no flat surface on either side of the console, the stand will ensure that it remains still. But you can also place it when propping up the console vertically. However, it does seem like the PS5 can stand on its own vertically if need be. IGN’s unboxing video gives you a good idea of how to place the stand. All of the unboxing videos mention the size of the console because it is pr...
Post a Comment
Read more

Pixel 4a (5G) Model Tipped in Google Camera v7.5 App Code, Pixel 5 XL May Not Launch This Year: Report

Google Camera app version 7.5 teardown, rolled out for Android 11 beta users, shows mentions of three upcoming Pixel devices - Pixel 4a, Pixel 4a (5G), and Pixel 5, with no reference to the Pixel 5 XL. This hints that Google may be ditching the Pixel 5 XL this year. The codenames of the three upcoming Pixel devices are listed to be sunfish, bramble... from Gadgets 360 https://ift.tt/3gd9bJp
Post a Comment
Read more