Buy Now Pay later (BNPL) is a type of credit that lets you spend money on something immediately, even if you don’t have the funds right away. The service provider gives you a Credit Line, and you can use that to pay for your purchase. Later on, you’ll need to repay the amount you spent or used on credit. Without of PAN and Aadhar disqualifies you from applying for Pay Later Apps.

If you want to upgrade your Mobile, get better gadgets, or enjoy some online shopping to feel better, these Apps can be your helpful friend. They allow you to buy things without needing to pay right away. Its advantage comes with elevated interest fees as well.

We will look into the different features, who can use them, and what makes each app special. This will help you decide which one is right for you based on what you like and need.

List of Pay Later Apps in India

Amazon Pay Later

Amazon Pay Later is a popular Buy Now Pay Later app in India, provided by Amazon.

By providing a predefined credit limit, Amazon Pay Later allows users to shop conveniently on Amazon and its affiliated platforms.

Users can convert high-value purchases into no-cost EMIs if offer available with specify tenure options.

The app streamlines the checkout process, allowing one-click payments across multiple Amazon platforms. Repayment can be made through easy installments, and users can track their purchases, payments, and outstanding balances in real-time. To access Amazon Pay Later, users need to be Indian residents with a valid Amazon account and meet certain creditworthiness criteria or undergo verification using Pan/Aadhar.

Axio Pay Later

Overview: Axio Pay Later is a prominent Pay Later App in India, offering users a convenient and flexible payment solution.

With its user-friendly interface and a growing network of partner merchants, Axio Pay Later aims to enhance the shopping experience for users, allowing them to make purchases now and pay for them later.

Key Features:

• Quick Registration: Axio Pay Later provides a seamless registration process, enabling users to create their accounts and start using the app promptly.
• Partner Merchant Network: The app offers access to a wide network of partner merchants, ranging from fashion and electronics to home decor and more, providing users with an extensive range of products to choose from.
• Customizable Repayment: Axio Pay Later allows users to customize their repayment plans, offering flexible options to suit their financial preferences and capabilities.
• Transparent Transaction Tracking: Users can track their transactions, repayment schedules, and outstanding balances within the app, ensuring transparency and control over their spending.
• Personalized Offers: Axio Pay Later often provides personalized offers, discounts, and rewards based on users’ purchasing behavior, enhancing their overall shopping experience.

Eligibility Criteria: To access Axio Pay Later, users generally need to meet certain eligibility criteria, which may include:

• Being a resident of India
• Meeting the minimum age requirement (typically 18 years or above)
• Providing necessary identification and address proof – Pan, Aadhar
• Meeting specific creditworthiness criteria or undergoing a verification process

ePay Later

Overview: ePayLater is a one of the Pay Later App in India that provides users with a convenient and secure buy now pay later solution. With its user-friendly interface and seamless integration with partner merchants, ePayLater aims to simplify the payment process and offer users the flexibility to make purchases now and pay for them later.

Key Features:

• Instant Credit: ePayLater offers users instant credit approval, allowing them to access a predefined credit limit within minutes.
• Flexible Repayment: Users can choose to repay their dues in flexible installments or opt for a full repayment, providing them with financial flexibility and convenience.
• Partner Merchant Network: The app partners with numerous online and offline merchants, offering users a wide range of products and services to choose from.
• Transaction Tracking: ePayLater provides users with a detailed transaction history, allowing them to track their purchases, payments, and outstanding balances in real-time.
• Secure Payments: The app ensures secure and encrypted transactions, prioritizing the safety of users’ personal and financial information.

Eligibility Criteria: To access ePayLater, users typically need to meet certain eligibility criteria, which may include:

• Being a resident of India
• Meeting the minimum age requirement (usually 18 years or above)
• Providing necessary identification and address proof
• Meeting specific creditworthiness criteria or undergoing a verification process

Flipkart Pay Later

Overview: Flipkart Pay Later is a popular Buy Now Pay Later App in India, offered by Flipkart. With its seamless integration into the Flipkart ecosystem, Flipkart Pay Later provides users with a convenient and flexible payment option when shopping on Flipkart.B

Flipkart Pay Later is mainly used for buying mobile phones with a no-cost EMI offer and for making small purchases.

Key Features:

• Simple Registration: Flipkart Pay Later offers a simple registration process, allowing users to quickly set up their accounts and start using the service.
• Instant Credit: Once registered, users can avail themselves of an instant credit line, providing them with a pre-approved spending limit to make purchases on Flipkart.
• Flexible Repayment: Flipkart Pay Later enables users to pay for their purchases in easy monthly EMIs.
• Unified Checkout: Users can enjoy a seamless checkout experience by using Flipkart Pay Later across multiple Flipkart group platforms, including Myntra and 2GUD.

Eligibility Criteria: To access Flipkart Pay Later, users are typically required to meet the following eligibility criteria:

• Resident of India
• Meeting the minimum age requirement (usually 18 years or above)
• Fulfilling certain creditworthiness criteria or undergoing a verification process
• You will need a Flipkart account and login credentials
• Pan Card, Aadhar Card (KYC Document)

Disadvantage:

The starting limit for Flipkart Pay Later is quite low, you cannot make big purchases. If the no-cost EMI offer is not available, you will have to pay 24% interest for the EMI payments.

Freecharge Pay Later

Overview: Freecharge Pay Later is a Pay Later App in India that offers a convenient and flexible payment solution for users. With its seamless integration into the Freecharge ecosystem and a wide network of partner merchants.

Key Features:

• Instant Activation: Freecharge Pay Later provides users with instant activation, allowing them to access a predefined credit limit within the app quickly.
• Unified Payment Experience: The app offers a unified payment experience by allowing users to make payments across various platforms and services within the Freecharge ecosystem.
• Flexible Repayment Options: Users can repay their dues in flexible installments, providing them with the freedom to manage their expenses based on their convenience.
• Partner Merchant Network: Freecharge Pay Later partners with a wide range of online and offline merchants, giving users the opportunity to use the app for purchases across various categories.

Eligibility Criteria: To access Freecharge Pay Later, users typically need to meet certain eligibility criteria, which may include:

• Being a resident of India
• Having a valid Freecharge account
• Meeting specific creditworthiness criteria or undergoing a verification process.

HDFC Flexicap

HDFC Flexipay is a payment service provided by HDFC Bank that allows customers to make purchases and pay for them later through affordable installments. Users can select HDFC Flexipay as a payment option at participating merchants, both online and offline, and choose a repayment tenure that suits their financial preferences. While there are benefits to using HDFC Flexipay, such as flexible payment plans and interest-free periods, customers should be aware of potential high-interest charges, additional fees, and the impact on their credit score. Responsible financial management and understanding the associated costs are crucial when using HDFC Flexipay.

ICICI Pay Later

ICICI Pay Later is a flexible credit facility offered by ICICI Bank in India, enabling customers to make purchases and payments without immediate cash or credit card transactions. Users can access it through the ICICI Bank mobile app or website after registering for the service. The credit limit is determined based on the user’s profile and creditworthiness.

Key features and benefits include flexible repayment options, an interest-free credit period of around 45 days for timely repayments, and easy integration with online merchants. Users can earn reward points on transactions and avail of exclusive offers.

However, there are certain charges associated with the service, such as processing fees and late payment charges. If the outstanding amount is converted into monthly installments, interest charges may apply.

To use ICICI Pay Later, users need to register, activate their account, select it as a payment option during checkout, and monitor transactions through the mobile app or website.

Managing the ICICI Pay Later account involves tracking transactions, making timely payments, and keeping personal information updated through the ICICI Bank mobile app or website.

Overall, ICICI Pay Later provides a convenient and efficient credit solution for users in India, but it’s important to be aware of associated charges and manage the account responsibly.

LazyPay

LazyPay Pay Later is a payment service that allows users to defer payments for purchases, offering a convenient and flexible way to manage expenses. However, a closer look reveals both advantages and potential drawbacks, making it essential for users to assess whether it aligns with their financial habits and needs.

One of the main benefits of LazyPay Pay Later is its seamless checkout process, enabling one-tap purchases on various platforms like Swiggy, Zomato, and BookMyShow. Users can consolidate multiple orders into a single bill, simplifying payment management. The service also grants up to 15 days of interest-free credit.

Despite these perks, LazyPay has its drawbacks. The platform does not clearly indicate the interest charged on EMIs, leaving users uncertain about the full cost of their purchases. Additionally, they lack transparency in providing details about financial partners, raising concerns regarding regulatory compliance.

Late payment charges remain a gray area as LazyPay fails to furnish a comprehensive chart, potentially leading to unexpected fees for users. Moreover, reviews on the Play Store indicate frequent app malfunctions on payment due dates, causing late payments and subsequent late fees.

While LazyPay Pay Later may suit some users who value convenience and short-term interest-free credit, others might find it unsuitable due to the potential drawbacks and uncertainty surrounding late fees.

Ola Money Postpaid

Overview: OlaMoney Postpaid and Wallet is a Pay Later App in India, offered by Ola, a leading ride-hailing and digital payment platform. With its wide acceptance and seamless integration into the Ola ecosystem, OlaMoney Postpaid and Wallet provides users with a convenient and flexible payment option for various transactions and purchases.

Key Features:

• Instant Activation: OlaMoney Postpaid and Wallet offers users instant activation, allowing them to access a predefined credit limit within the app.
• Multi-Purpose Wallet: The app serves as both a digital wallet and a postpaid payment solution, enabling users to make seamless payments for rides, utility bills, online shopping, and more.
• Flexible Repayment: Users have the flexibility to repay their dues in easy installments or choose a full repayment option as per their convenience.
• Ola Integration: OlaMoney Postpaid and Wallet seamlessly integrates with the Ola app, allowing users to make payments for their Ola rides using their postpaid balance.
• Rewards and Offers: The app provides users with attractive rewards, cashback offers, and exclusive deals, enhancing their overall savings.

Eligibility Criteria: To access OlaMoney Postpaid and Wallet, users generally need to meet the following eligibility criteria:

• Being a resident of India
• Having a valid Ola account
• Pan, Aadhar
• Meeting specific creditworthiness criteria or undergoing a verification process

Paytm Postpaid

Overview: Paytm Postpaid is a leading Pay Later app in India, offered by the renowned digital payment platform, Paytm.

With its wide acceptance across various online and offline merchants, Paytm Postpaid provides users with a seamless and convenient payment option, allowing them to shop now and pay later.

Key Features:

• Easy Activation: Paytm Postpaid offers a simple and quick activation process, enabling users to access a pre-approved credit limit within the app.
• Flexible Repayment: Users can repay their Paytm Postpaid dues in flexible installments.
• Wide Acceptance: Paytm Postpaid can be used for purchases across a vast network of online and offline merchants.
• Paytm Integration: The app seamlessly integrates with the Paytm ecosystem, allowing users to make payments using their Postpaid balance within the Paytm app for various services like bill payments, recharges, and more.
• Digital Wallet Features: Paytm Postpaid comes with additional benefits of a digital wallet, allowing users to make quick and secure payments at thousands of merchants.

Eligibility Criteria: To access Paytm Postpaid, users are typically required to meet certain eligibility criteria, which may include:

• Being a Paytm user with a verified account
• Meeting the minimum age requirement (usually 18 years or above)
• Meeting specific creditworthiness criteria or undergoing a verification process

Unique Offerings: Paytm Postpaid stands out with the following unique offerings:

• Seamless Integration: As part of the Paytm ecosystem, Paytm Postpaid offers users a unified payment experience across various Paytm services, making it convenient and accessible.
• Cashback and Offers: Users often enjoy exclusive cashback rewards, discounts, and special offers when using Paytm Postpaid for their transactions.
• QR Code Payments: Paytm Postpaid allows users to make payments using QR codes, offering a convenient and contactless payment experience.

Simple

Simpl is an Indian Pay Later App offering a credit line for online purchases. It partners with various e-commerce companies and offers a no-interest grace period of up to 15 days. Additionally, the app rewards users with discounts on specific purchases.

The payment process is seamless and efficient, but there is a restricted availability of services on specific merchants.

Zest Money BNPL

Overview: Zest Money BNPL (Buy Now Pay Later) is a prominent Pay Later App in India that offers a convenient and flexible payment solution for online shopping. With its seamless integration with partner merchants and user-friendly interface, Zest Money BNPL aims to make shopping affordable and accessible to a wide range of users.

Key Features:

• Quick Approval: Zest Money BNPL offers a fast and hassle-free approval process, allowing users to access a predefined credit limit within minutes.
• Wide Merchant Network: The app partners with numerous online merchants, providing users with a vast selection of products to choose from across various categories.
• Flexible Repayment Plans: Users have the flexibility to repay their purchases in easy monthly installments, enabling them to manage their expenses effectively.
• Transparent Pricing: Zest Money BNPL ensures transparency by providing clear information on interest rates, processing fees, and repayment schedules, empowering users to make informed financial decisions.
• Easy Application: The app offers a user-friendly application process, allowing users to apply for credit with minimal documentation and a seamless verification process.

Eligibility Criteria: To access Zest Money BNPL, users typically need to meet certain eligibility criteria, which may include:

• Being a resident of India
• Meeting the minimum age requirement (usually 18 years or above)
• Having a valid identification proof and address verification

ZIP- by MobiKwik

Overview: MobiKwik ZIP is a prominent Buy Now Pay Later App in India that offers users a convenient and flexible payment solution. With its robust features and seamless integration with the MobiKwik ecosystem, MobiKwik ZIP aims to provide users with a hassle-free and secure way to make purchases and repay them later.

Key Features:

• Instant Credit Approval: MobiKwik ZIP provides users with instant credit approval, allowing them to access a predefined credit limit within minutes.
• Seamless Integration: The app seamlessly integrates with the MobiKwik wallet and other MobiKwik services, providing users with a unified experience for payments and purchases.
• Partner Merchant Network: MobiKwik ZIP partners with a wide network of online and offline merchants, giving users access to a diverse range of products and services.
• Flexible Repayment Options: Users have the flexibility to choose their repayment options, including monthly installments, ensuring they can manage their finances effectively.
• Transaction Security: MobiKwik ZIP prioritizes the security of user transactions by using advanced encryption methods to safeguard personal and financial information.

Eligibility Criteria: To access MobiKwik ZIP, users generally need to meet certain eligibility criteria, which may include:

• Being a resident of India
• Meeting the minimum age requirement (typically 18 years or above)
• Providing necessary identification and address proof
• Meeting specific creditworthiness criteria or undergoing a verification process

Conclusion

Flipkart Pay Later, Paytm Postpaid, Amazon Pay Later, Axio Pay Later, OlaMoney Postpaid and Wallet, Zest Money BNPL, Freecharge Pay Later, ePayLater, and MobiKwik ZIP are among the top buy now pay later apps in India.

Each app offers unique features and benefits, such as instant credit approval, flexible repayment options, a wide network of partner merchants, and seamless integration with other services.

In conclusion, the availability of buy now pay later apps in India has the way people shop and manage their expenses.

By offering instant credit, flexible repayment options, and seamless integration with partner merchants, these apps have made shopping more accessible and affordable for users across the country.

As technology continues to advance, we can expect further innovations in the buy now pay later space, providing users with even more convenient and personalized payment solutions.