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Flipkart Eyes 2X Growth In Pay Later Offering

by Soumyashree Mishra

Flipkart, India ka fashion capital and  Walmart owned is now working on to expand it’s pay later credit offering as well as it aims to clock 2X growth over the next six months. Initially, Flipkart pay later has seen a 70 per cent adoption rate among customers at the time of checkout.

Flipkart expects that by the end of the year, it will fall into 100 million transactions. There are currently more than 2.8 million customers who have accepted Flipkart payment later and have operated more than 42 million transactions on the platform to date.

Pay later which is provided by a 30-day credit product that does not charge interest. Finished eliminating digital KYC, a seamless exit process for items with values ​​up to Rs. 10,000 and one payment method. Customers have used the offer primarily to purchase in all categories of beauty and general sale, home and lifestyle. With the increase in offers, Flipkart seeks to empower customers across the country to meet their purchase needs seamlessly and seamlessly

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