Flipkart Pay Later aims to provide credit to over 100 mn new consumers

The facility opens a credit line of up to Rs 70,000 that eligible customers can pay back in 3, 6, 9 or 12 EMIs

Ahead of the upcoming festive season, e-commerce firm Flipkart has extended benefits on its ‘Flipkart Pay Later’ offering to drive affordability and convenience of purchases on its platform. The ‘Flipkart Pay Later’ EMI (equated monthly installment) facility opens a credit line of up to Rs 70,000 that can be paid back over flexible tenures of 3, 6, 9 and 12 months for eligible customers, enabling them to purchase products this festive season.

“Many high-value purchases are made during the festive season,” said Ranjith Boyanapalli, Head-Fintech and Payments Group at Flipkart. “We have strengthened our EMI offerings to ensure that customers