National Chronicle

Amazon launches Pay Later service, can borrow up to Rs 60,000 items

Amazon has finally launched its Pay Later Financial Service in India. Through this, Amazon customers will be able to shop up to 60 thousand rupees with zero interest rate. Under this service, the customer will get online virtual credit, so that almost all the products listed on Amazon India can be purchased.

For information, let us know that Amazon Pay Later is also valid for credit grocery and utility bills. Payment of this credit can be repaid next month at no additional charge. At the same time, the option of EMI of 12 months will also be available with customers, but it will be charged interest.

Did Amazon Pay Later Service?

It is a finance service through which users get credit for online shopping. The company was testing this service across the country for a long time, which has now been started.

How to take advantage of this facility

1. For Amazon credit, you have to register with Amazon Pay Letter Service, which is currently available only on mobile.

2. After registering, you will be redirected to a company’s partner page. Where you will need to complete a one-time setup by entering Know Your Customer (KYC) details.

3. After this you can complete KYC via OTP or Doorstep Visit. However, this is not possible due to the lockdown.

4. After completion of KYC you can check everything in Amazon Pay Dashboard. Let us tell you that this service depends on a lot of factories. It also includes your information and credit bureau history available with Amazon.

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