MobiKwik Partners with Cashfree Payments for ZIP Pay Later, Offering Interest-Free Credit to Users, India

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MobiKwik, one of India’s leading digital payment platforms, has partnered with Cashfree Payments to introduce an exciting new feature called ZIP Pay Later. This collaboration aims to provide users with interest-free credit directly from their phones, making financial transactions even more convenient.

With the ZIP Pay Later option, MobiKwik users can enjoy a range of benefits. They can pay bills, shop for clothes, groceries, electronics, order food, medicine, and much more using their credit limit. The best part is that they can do it all from the comfort of their homes. MobiKwik has made it incredibly simple for users to shop at over one lakh (100,000) brands. All they have to do is use MobiKwik at the checkout and pay later.

Upasana Taku, Chairperson, Co-founder, and COO of MobiKwik, expressed her excitement about the partnership, saying, We believe in making transactions seamless and empowering consumers by offering them more choices to make informed financial decisions. We are glad to extend our partnership with Cashfree Payments, bringing together the convenience of our popular ZIP Pay Later option with a trusted and efficient payment gateway platform like Cashfree Payments to make the process more seamless.

Merchants can also benefit from this collaboration by integrating MobiKwik ZIP into their existing Cashfree Payments checkout. This opens up a world of opportunities for businesses as MobiKwik ZIP is applicable to top brands across the country.

The ZIP Pay Later option is set to launch with an attractive offer of 10% Supercash on a minimum transaction value of Rs 499. This is sure to entice users and encourage them to make use of this new feature.

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MobiKwik is known for its commitment to providing users with seamless and innovative payment solutions. With the introduction of ZIP Pay Later in partnership with Cashfree Payments, they are taking it a step further. Users can now enjoy interest-free credit and the flexibility to pay later, making their online shopping experience even more convenient.

This collaboration comes at a time when digital payments are becoming increasingly popular in India. With the pandemic accelerating the shift towards online transactions, partnerships like this are crucial in providing users with a secure and hassle-free payment experience.

In conclusion, MobiKwik’s partnership with Cashfree Payments brings forth an exciting new feature called ZIP Pay Later. This feature allows users to shop at their favorite online merchants using their credit limit without any interest. With the convenience of paying later and the added benefit of Supercash offers, ZIP Pay Later is set to revolutionize the way people shop online in India.

Frequently Asked Questions (FAQs) Related to the Above News

What is ZIP Pay Later?

ZIP Pay Later is a feature introduced by MobiKwik in partnership with Cashfree Payments. It allows users to make online purchases and pay later using their credit limit, without any interest charges.

How does ZIP Pay Later work?

Users can shop at their favorite online merchants and use their MobiKwik credit limit to make the payment. They can pay for bills, groceries, electronics, food, medicine, and more, all from the comfort of their homes. At the checkout, they simply select the ZIP Pay Later option and complete the transaction.

What are the benefits of ZIP Pay Later?

ZIP Pay Later offers several benefits. Users can enjoy interest-free credit, the flexibility to pay later, and the convenience of making online purchases directly from their phones. Additionally, there are attractive offers such as 10% Supercash on a minimum transaction value of Rs 499.

Can merchants integrate ZIP Pay Later into their checkout?

Yes, merchants can integrate MobiKwik ZIP into their existing Cashfree Payments checkout. This allows them to offer the ZIP Pay Later option to their customers, providing them with a seamless and convenient payment experience.

Is ZIP Pay Later applicable to all brands?

Yes, MobiKwik ZIP is applicable to over one lakh (100,000) brands across India. This opens up a world of opportunities for businesses and allows users to shop at their favorite brands using the ZIP Pay Later feature.

Why is this partnership between MobiKwik and Cashfree Payments important?

This partnership is important as it brings together the convenience of MobiKwik's ZIP Pay Later option with the trusted and efficient payment gateway platform of Cashfree Payments. It aims to provide users with a seamless and hassle-free payment experience, especially during the increasing popularity of digital payments in India.

How does ZIP Pay Later benefit users during the pandemic?

The pandemic has accelerated the shift towards online transactions, and ZIP Pay Later offers users a secure and hassle-free payment method. With the flexibility to pay later and the convenience of interest-free credit, users can shop online without worrying about immediate payment.

How can users make informed financial decisions with ZIP Pay Later?

By providing users with more choices, ZIP Pay Later empowers them to make informed financial decisions. Users can utilize their credit limit to pay for various expenses, ranging from bills to shopping for groceries and electronics. They have the flexibility to manage their finances and pay later according to their convenience.

How is MobiKwik revolutionizing online shopping in India with ZIP Pay Later?

MobiKwik's partnership with Cashfree Payments and the introduction of ZIP Pay Later are revolutionizing online shopping in India. Users can now enjoy the convenience of interest-free credit, the flexibility to pay later, and attractive Supercash offers. This feature simplifies the payment process and enhances the overall online shopping experience.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

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