Now shop without money, Flipkart introduces new Pay Later service, learn how this feature works

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Flipkart Pay Later service: Flipkart Pay Later is a feature that allows customers to purchase items of their choice without paying immediately. After the purchase, payment can be made at a later date at their convenience. Customers can also choose different payment options based on their needs.

Flipkart Pay Later feature

Shop Now Pay Later: Online shopping has become a part of everyday life. Most people now order mobile phones, clothing, groceries, and other essential items from the comfort of their homes. If you also shop online, this is good news for you. E-commerce company Flipkart has launched a new Flipkart Pay Later feature for customers. Through this service, customers can buy goods now and pay later. Let’s learn more about this new feature.

What is Flipkart Pay Later?

Flipkart Pay Later is a feature that allows customers to purchase items of their choice without having to pay upfront. After the purchase, payment can be made at a later date at their convenience. Customers can also choose different payment options based on their needs.

Customers will get this payment option

  • After purchase, you will get 30 days without making any payment.
  • If you want, you can make the payment in 3 easy installments.
  • EMI option ranging from 3 months to 12 months will also be available.
  • It will be easy to make purchases when needed without spending money immediately.

What will the customers benefit from?

  • Buying expensive items will become easier than before.
  • There will be no need to pay the entire amount at once.
  • You can make the payment in installments as per your convenience.
  • If needed, you can complete the purchase by paying the money later.
  • With the help of EMI, expenses can be managed better.

Who will provide the loan facility?

PayU Finance will initially act as the loan partner for this service. After verifying customer eligibility, it will provide credit limits. In the future, other banks and financial institutions may also join this scheme.

Who will get this facility?

  • Not every customer will be able to avail the benefits of Flipkart Pay Later. The company will take certain factors into consideration.
  • How many purchases have you made on Flipkart before?
  • How has your payment and transaction record been?
  • How is your usage and behavior on the platform?
  • How is your credit history?

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