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Hello Dear Friends Welcome to Gadgetcrispin today in this article about 5 Best Buy Now Pay Later Apps in 2022(Instant Credit).While shopping online, we often need to buy now, pay later options. Buy Now Pay Later, or BNPL system, has emerged out of nowhere, and every popular shopping portal now supports the payment system.
Several buy now pay later apps in India have developed in the Indian market recently. These applications function similarly to credit cards in that they provide users with an instant credit line that can get used to paying for things like utility bills, meals, and shopping.
The apps are easy to use, have low fees and interest rates, and credit limits that allow for common purchases. To help readers find the best BNPL apps, we researched and reviewed top buy now, pay later services to find out which ones work best for a variety of consumers.
There are a number of Buy Now Pay Later apps in India. They offer credits of up to Rs.5 lakhs to eligible borrowers at low interest rates. Your credit limit and interest rates are based on your credit score and anyone with a decent credit score can get a good credit limit instantly.
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5 Best Buy Now Pay Later Apps in 2022 (Instant Credit)
In Buy Now Pay Later, you can purchase your selected product without paying. Instead, you will have to pay it later. This is particularly helpful when you don’t have the payment details but don’t want to miss an incredible offer.
If you are interested in discovering the best Buy Now Pay Later Apps for Android, you have landed on the right page. Below, we have shared some of the best Buy Now Pay Later apps for Android smartphones. Let’s get started.
1. Paytm PostPaid
Paytm is right now India’s most popular platform for Money Transfer, BHIM UPI Payments, Recharges and other online payments.
In 2019, the company entered the Buy Now Pay Later Apps segment in India with its postpaid offering.
According to the business insider, the company has 3 Million plus users as of now.
The platform is largely accepted throughout the whole country, so you’ll hardly find a store online or offline which does not accept payment through paytm.
2. Simpl Pay Later
Launched in 2015, Simpl was launched with the aim to empower the consumers and merchants to have more control over their commerce experience.
Simpl uses Machine Learning & AI to offer a quick, secure and hassle-free payment experience to its users.
With the platform, users can pay on more than 15,000+ merchants including Zomato, Bigbasket, Dunzo, JioMart, Netmeds, blinkit, Makemytrip etc.
You can get started on Simpl with minimum paperwork and KYC formalities.
3. Amazon Pay Later App
Amazon operates its Pay Later app in India with loan partners IDFC First Bank and Capital Float. The e-commerce giant offers users a zero-interest credit line based on their credit history.
You can use the Amazon Pay Later app to make purchases on the site. You can also use credit to pay for things like water, energy, cell phone bills, and groceries.
The money can get paid on the 5th of the next month or over 3 to 12 months through EMIs. It does, however, need you to set up auto-repayment, which means the app will deduct the sum from your bank account every month. Pay Later is available in the Amazon India app’s Amazon Pay section.
4. Flipkart Pay Later
In 2017, E-commerce major Flipkart launched its offering called Flipkart Pay Later.
Flipkart Pay Later gives you the freedom to shop what you want in a quick, simple and convenient way without any hassle.
You can now buy your products, experience using them, and then pay for them before the 5th of the next month with zero additional charges.
However, the payment option is available on Flipkart and other partner platforms such as Myntra and 2GUD only.
5. Afterpay
Afterpay is another best buy now pay later app for Android that allows you to shop online and pay in parts. If you shop with Afterpay, you can split your purchase into 4 payments and pay it every 2 weeks.
The only drawback of Afterpay is that you get to shop from a selected number of shopping sites. However, there’s an option in the app that shows retailers who are accepting Afterpay as a payment option.
Another great thing about Afterpay is that it has something called Pulse Rewards that unlocks exclusive offers, gift cards, and more as you shop online.
Frequently Asked Questions ( FAQs )
How do you use Chill pay?
Installments by Chillpay allows retailers to offer installment plans for online shoppers, allowing a purchase to be paid for in four equal installments, due every 2 weeks. Simply shop with one of your favorite stores found in the Shop Directory and choose Installments by Chillpay as your payment method at checkout.
Does Best Buy allow payment plans?
Best Buy may have a number of financing plans available. For example, Best Buy may offer a 36 month reduced rate credit plan on select products, in addition to a 12 month deferred financing offer.
How do I increase my Sezzle limit?
By making your payments on time, you can increase your credit score. And we increase your spending limit so you have more buying power. It may take up to 60 days from sign-up before you see any Sezzle activity on your credit report
Is Splitit safe to use?
As far as your finances go, Splitit offers you more time to pay down a large purchase without having to pay interest. Still, you don’t want to use Splitit to buy more than you can afford to pay back. If you do, your credit card will charge interest on the Splitit purchases you made.
