new Delhi. To help customers amid lockdown, Amazon India has launched a new service called Amazon Pay Later. Under this, the company is giving credit to customers. So that after making the purchase, the goods can be paid in the next month or under EMI. Currently, this service has been introduced for a few customers, but it is believed that soon other users will also be able to take advantage of it.
If the customer opts for the 12-month EMI, then they will be charged interest of 1.5 to 2% on the EMI every month. Although there are also many products on Amazon which are sold under no-cost EMI, you can buy those products without interest.
Not only this, you can also use Amazon Pay Letter Service to fill your monthly bill. Such as electricity bill, water bill and recharge etc. Apart from this, customers can also use it in lockdown for household goods such as grocery shopping.
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Giving information, Director of Amazon India Vikas Bhansal said that Amazon Pay EMI was used only for big purchases, but now this upgrade has been done so that customers can use it in small amount purchases.