New Delhi, May 25 (SocialNews.XYZ) Digital payments platform Freecharge on Tuesday launched the "Pay Later" service that facilitates customers to make payments through a single click for their small-ticket purchases.
The expenses get aggregated for a month and customers can pay at the end of the month, seamlessly.
"We have launched this product to increase engagement of our users by providing them a seamless payment product backed by a credit limit," Siddharth Mehta, CEO, Freecharge, said in a statement.
"The facility enables our customers to pay for their small-ticket purchases both online and offline with mobile being the form factor, rather than cash or cards," Mehta added.
Pay Later can be utilised on both Freecharge's platform as well as on a network of 10,000+ merchants, both online and offline.
Using Pay Later, customers can pay their electricity bills, recharge their mobiles, order food, medicines, grocery online, etc. without the need for any card.A
Unlike other digital payment options, Pay Later does not require remembering or saving card numbers, loading wallet or any OTP approvals. All the payments can be done through a secure one-click process.
"With the rapid digitisation happening across the board seamless and hassle-free payment experience is a very important feature from a customer point of view," Mehta said.
Source: IANS
About Gopi
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz