Pay Later

How it Works

Based on the concept

1. The customers get a running line of credit by registering with any providers.
2. When customers buy goods or services on your website or apps, no money is debited from their accounts.
3. You receive the payments from their providers.
4. The customer pays back to the provider as per the fixed schedule defined by the provider.

At Razorpay Checkout:

1. At the Checkout, customers enter their contact details and from the displayed list of Pay Later providers, customers select their preferred provider.

2. Customers authorise their accounts via the OTP sent to their registered phone numbers.

3. Payment is completed after successful validation.

Supported Pay Later Providers