Amazon Pay Later launched in India, offers zero-interest credit

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Amazon Pay Later launched in India, offers zero-interest credit

Apr 29, 2020 17:01 IST

E-commerce giant Amazon has launched a new credit service called Amazon Pay Later in India. It offers customers an instant zero-interest credit on all the products listed on its Indian website and even allows for repayment in monthly instalments up to 12 months at an interest rate between 1.5 to 2 per cent. The service also reportedly allows customers to get credit for paying monthly utility bills and groceries from as low at ₹1 to ₹20,000.

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