Amazon India’s digital payments service Amazon Pay has launched instant credit service — Amazon Pay Later — to mitigate the impact of the ongoing economic slowdown in the upcoming sales. Launched in beta, Amazon Pay Later service is now available to a select number of users while the company is expected to roll out for everyone soon.
Using the service, people will get an option to pay the entire due amount in the subsequent month. No interest will be charged if a user pays the due premium within a month. Amazon Pay Later is a rebranded version of Amazon Pay EMI.
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