Credit Card 2.0: Now you have 'scan now and pay later' option on UPI1 min read . Updated: 20 Oct 2020, 07:50 PM IST
- The company said that Flexpay has been live for almost two months and 30,000 customers have already used the payment option
- FlexPay is geared to provide 400 million plus under-served customers, the company said
Vivifi India Finance, a Hyderabad based non-bank lender, has recently launched Flexpay, a payment option which allows credit on the Unified Payments Interface (UPI). Flexpay will enable the customers to 'scan now & pay later’, using a line of credit when they do not have funds available in their bank accounts or virtual wallets. 'The payment option will facilitate offline purchases by scanning any UPI QR code or a UPI ID,' the NBFC said. It is accepted by every merchant, from small Kirana stores to large retailers.
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