Flipkart has launched its new Flipkart Pay Later service in India in partnership with PayU Finance, giving eligible customers more flexibility while shopping online. The facility will be available across Flipkart, Myntra and Flipkart Minutes. The service offers three repayment options. Customers can use Pay Later to make eligible purchases and repay within 30 days, while the Pay in 3 option splits the bill into three instalments. For bigger purchases such as smartphones, electronics, appliances and furniture, customers can opt for EMI plans ranging from 3 to 12 months.
The launch comes just ahead of Flipkart’s Freedom Sale, scheduled to begin on August 8. Flipkart Plus and Black members are expected to receive early access from August 7. SBI credit card users are also set to get a 10% instant discount on eligible purchases during the sale. The new credit facility expands Flipkart’s existing payment options, which already include UPI, debit and credit cards, net banking, wallets, EMI and Cash on Delivery for eligible orders.
