An effective alternative to credit cards, Buy Now Pay Later or BNPL services offered by the fintech firms, provide a short financial boost until your next salary or income from any other source arrives. These are the short-term, low-budget credit facilities provided to shop online with various merchants. So, if you are interested in getting one, then go ahead with one of the below-mentioned famous BNPL companies.
List of Most Popular BNPL Companies:
CashE is one of the most reliable and simplest BNPL services available in the credit market. This platform allows you to register and get a credit limit in just a two-step account verification process. The maximum credit amount you can apply for with this company is ₹4 lakh.
Zest is one of the most popular credit facilities providing Fintech firms. A person can avail of a max credit limit of up to ₹2 lahks with an instant approval authentication process. With Zest Money you can buy both offline and online products and repay in instalments created in a few minutes.
Amazon Pay Later
Amazon Pay Later is one of the trustworthy mini credit facilities offered by Amazon to its customers, to buy products and repay in one monthly billing cycle or pay via the EMI system for purchases valued above ₹3,000 in 3,9, or 12 months.
Flipkart Pay Later
With Flipkart Pay Later you can buy products both online and in-store without the need to pay a down payment. The billing cycle completes in 30 days after which the account holders have to repay the credit amount. To loyal consumers, Flipkart offers an instant credit limit of up to ₹1 lakh.
One of the faster-growing BNPL services is LazyPay, which allows customers to pay via UPI at merchant stores. Via LazyPay consumers can shop for both online and offline products. You can avail of the services of this BNPL account provider with just an instant authentication process based on your PAN Card and Aadhaar Card. You can repay the amount in 15 days or convert it into EMIs of 3, 6, 9, or 12 months.