Amazon Pay Later: buy now, pay later
Amazon’s lending scheme is Amazon Pay Later
The company grants a credit limit of up to Rs 60,000.
New Delhi. In earlier times, people depended on their relatives or relatives to obtain loans. But doing so used to tarnish his image in society. It meant that you are putting your financial problems in front of someone else. With the changing times, taking loans has become easier. Many companies in the country are offering the ‘Buy Now Pay Later’ facility. In this episode, Amazon also gives you the possibility of Amazon Pay Later.
Amazon Pay Later is an Amazon lending scheme. In this one, you can buy goods or services and you will have to pay for them later. If you don’t have a credit card, you can easily top up, pay bills, and shop with this Amazon service. Based on your profile, you get a credit limit of up to Rs 60,000. You can spend within this limit.
Eligibility for Amazon Pay Later service
>> To take advantage of this facility, the minimum age must be 23 years.
>> You must have an Amazon account with a verified mobile number.
>> It is mandatory to have a valid PAN.
>> Bank account
>> Proof of address is also mandatory. In this, you can use driver’s license, voter ID card, Aadhaar card, utility bills (not older than 60 days) or passport.
Amazon Pay Later Registration Process
>> You have to go to Amazon Pay in the Amazon app. Here you will see the Amazon Pay Later option.
>> Going to this option, you need to tap Get Started, after which a registration page will open. After this, tap Activate in 60 seconds. This will start the KYC process.
>> If you’ve already completed KYC in Amazon Pay, then you won’t need this process. To verify it, you have to give the last 4 digits of PAN. You will be given the credit limit on the next screen.
>> If KYC is not complete, please complete the process through Aadhaar number, PAN number and OTP. After completing this process, you will be given a credit limit.
flipkart payment card
Not only Amazon provides such a facility but Flipkart also provides lending services to its customers. The name of Flipkart’s lending system is ‘Flipkart Pay Later’.
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Tags: amazon, business news, business news in hindi
FIRST POSTED: March 19, 2023, 7:19pm IST