Offer Pay Later (Buy Now, Pay Later) payment method at Razorpay Checkout. Check providers and payment flow.
Accept payments from your customers using the Pay Later service offered by various third-party providers.
- Know about
- No additional integration is required to show Pay Later on your Standard Checkout integration.
Instant Refunds are not supported on EMI, Cardless EMI and Pay Later.
Based on the concept
- The customers get a running line of credit by registering with any providers.
- When customers buy goods or services on your website or apps, no money is debited from their accounts.
- You receive the payments from their providers.
- The customer pays back to the provider as per the fixed schedule defined by the provider.
At Razorpay Checkout:
At the Checkout, customers enter the contact details and select Pay Later as the payment method.
From the displayed list of Pay Later providers, customers select their preferred provider.
Customers authorise their accounts via the OTP sent to their registered phone numbers.
Payment is completed after successful validation.
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