Don't Have Money Now? Just Pay Later with ePayLater

 Don't Have Money Now? Just Pay Later with ePayLater

One trend that is picking up the pace like anything in India is, buy now, pay later (BNPL). This option has emerged as a great alternative to credit cards as it enables people to make a purchase without having to pay at that moment.

A type of short-term financing, this alternative helps people to borrow money for their purchases and pay it later in instalments within a stipulated time frame. If you are someone who frequently shops online, you might have noticed the option of ‘buy now, pay later’ on the payment page of several e-commerce portals.

Today, in the market, there are several options available that allow people to borrow money for the short term and repay as per the defined time frame. This has not only increased the purchasing power of people but also eradicated the need for having credit cards, especially for those who are too reluctant to have one.

Owing to its simplicity, transparency, and no-cost EMI option, BNPL is all set to change the lending landscape. In India, there are several merchants and fintech companies that offer BNPL facilities to customers. One such company is ePayLater.

ePayLater is a fast-emerging company that provides its partners and customers with the facility to buy now, pay later. Backed by many reputed investors, the company has tie-ups with well-known entities like Big Basket, LOTS, METRO, and Flipkart Wholesale.

Just like other pay later options, using ePayLater is simple too. All you need to do is download the ePayLater app on your smartphone and sign up. After you have registered on the app, you can transact on any partner merchant portal at zero cost for 14 days. To business, ePayLater offers a credit limit of up to 25 lacs at 0% interest*. Not only this, for every transaction you make through ePayLater, you earn exciting rewards, as well.

So, don’t have money now? Pay later with ePayLater!

Comments

Post a Comment

Popular posts from this blog

The Magic of Instant Loan Apps over Youngsters

  Unlike the older generation, youngsters love the word instant. Associate it with anything and it becomes their favourite. So how instant loans can’t be?   Plus, it offers services that allow younger consumers with zero credit history to make big purchases conveniently without causing a hole in their pocket. The instant loan apps empower consumers to take a less expensive loan for emergencies, shopping and any other need. Take for instance that you want to throw a party and have made a big grocery purchase but to make the payment you require an instant loan for kirana store . You can do so by applying for an instant loan through BNPL apps and making payments in easy instalments. Instant loan lenders provide loans for small shops as well as big merchandise and brands. You can also borrow money for emergencies or any other personal need. But beware of not taking multiple loans as it may put you at risk of accruing unsustainable levels of debt.     What attracts youngsters?
Read more

3 Benefits of Buy Now, Pay Later for Online Businesses

In an ideal world, when a buyer buys an item, the retailer or business receives payment immediately. However, due to the intense competition in the market, as well as economic downturns influencing consumer spending power, businesses had to come up with inventive solutions to retain or expand sales. The concept of " buy now, pay later  or BNPL" has extensively helped businesses in that regard. A BNPL deal is a sort of the point of sale (POS) financing that enables buyers to purchase things on credit, typically in instalments. The transaction will not show on their most recent billing statement but it will appear on the following or subsequent statements, depending on the merchant's terms. Today, many  apps  facilitate instant  credit loans  to customers so they can easily purchase items without paying any upfront cost. The post mentions the benefits of the  buy now, pay later  scheme for online businesses. 1.      Increased Conversion Rate Nothing is more aggravat
Read more

BNPL & The Credit Score

BNPL or buy now pay later is the newest addition to the loan lender list in the Indian market. What makes them unique and popular is their quick dispersal loan feature. Unlike conventional loan providers, almost every BNPL lender does not require paperwork or background verification of the borrower. The BNPL app is most popular among youngsters for their shopping needs as it allows them to live a luxurious lifestyle with feasible instalment options.   But how does it work? Well, the working mechanics of the pay later app is extremely simple. All that a user needs to do is download the application and then register. Once the registration is complete, they can apply for the loan by completing the mandatory application process. Applicants can also check the amount they are eligible for and the instalment options. The loan is usually dispersed immediately post verification and approval. You can also opt for the BNPL payment option at the time of purchase through associated merch
Read more