LazyPay announced its partnership amongst Airtel in addition to Flipkart today to expand its ‘Buy at in 1 trial Play Later’ model. This partnership volition assistance shoppers buying through Flipkart to larn EMI selection at banking concern stand upwards for out. With the novel development, Airtel subscribers larn access to ‘buy at in 1 trial pay later' selection when paying their bills including mobile bills in addition to landline bills.
LazyPay launched this selection inwards Apr final year. Since thus the society has reported 35 % Month-on-Month growth. PayU owned payment gateway in addition to the 'buy at in 1 trial pay later' option’ on apps including Swiggy, Ixigo, in addition to BookMyShow is a dandy success.
This partnership aims to expand 'buy at in 1 trial pay later' model inwards India. Shoppers buying through Flipkart volition larn an additional EMI selection for their purchase orders. Do you lot know, Flipkart has 'Pay Later' selection that was introduced past times the society for selected purchases only? Airtel customers tin dismiss at in 1 trial brand a purchase in addition to pay their bills later.
LazyPay launched past times PayU introduced an alternative paying solution inwards Apr final year. Today, this platform is used past times over 100 shoppers. Their app claims to bring been downloaded past times to a greater extent than than a meg people. LazyPay is expected to witness to a greater extent than than a meg transactions/month.
LazyPay likewise started services similar personal loans in addition to installment loans on merchant checkout inwards August this year. This platform claims to bring disbursed close 6,000 loans to merchants in addition to received 8,000-9,000 applications for personal loans on a daily basis.
According to Pallav Jain, the Head of Consumer Business, PayU India, to a greater extent than than a meg customers are using their services inwards only a 1 in addition to a one-half twelvemonth span. He is glad that his squad is successfully serving customers in addition to growing every passing day.