Flipkart launches ‘Pay Later’ as e-commerce platforms expand buy now, pay later offerings

New Delhi [India], July 30 (ANI): E-commerce companies are expanding their buy now, pay later (BNPL) offerings to attract more shoppers, with Flipkart on Thursday launching ‘Flipkart Pay Later’, a checkout-integrated credit service that allows customers to defer or split payments across its platforms.

According to the Indian ecommerce player, the new offering, launched in partnership with PayU Finance, is available across Flipkart, Myntra and Flipkart Minutes. It provides three repayment options – up to 30 days to pay for everyday purchases, a “Pay in 3” facility that splits the bill into three payments, and EMIs ranging from three to 12 months for higher-value products such as smartphones, electronics, appliances and furniture.