Get All Access for $5/mo

'Flipkart Pay Later' Option Now Available On PhonePe You can now shop from Flipkart and pay your bills later in one single monthly payment using PhonePe

By Shreya Ganguly

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Shutterstock

Walmart-owned e-commerce giant Flipkart has partnered with e-wallet company PhonePe to launch Flipkart Pay Later facility on the PhonePe platform. Under this new partnership, customers will be able to shop on Flipkart up to INR 5,000 using PhonePe and pay later by the 10 day of the next month, at no extra cost.

Talking on the partnership, Deep Agrawal, head of payments, PhonePe, said, "We are excited to launch Flipkart Pay Later on the PhonePe platform. PhonePe has always endeavored to provide consumers with the power to choose the payment instrument of their choice. Flipkart Pay Later is a great way for eligible users to transact safely and conveniently on the PhonePe app."

Flipkart Pay later option was launched in 2017 by Flipkart. Under it, the pre-approved Flipkart users can register for this option. Flipkart Pay Later is currently enabled on Myntra and PhonePe.

Smrithi Ravichandran, business head-fintech and payments group, Flipkart, said, "At Flipkart, we put customers at the heart of all our innovation and Pay Later is one such initiative. We have been very encouraged to see the wide acceptance of our in-house innovation Flipkart Pay Later by our users. After successful adoption of this payment solution on our website/app, we believe this is the right time to share synergies between the group companies and bring this customer-focused solution on PhonePe which is leading the digital payments market in India."

Shreya Ganguly

Former Features Writer

Business Solutions

Right Now, You Can Get More Than 310 Hours of IT Training for Just $50

Stay ahead in tech with the CompTIA Super Bundle.

Business News

Here's What the CPI Report Means for Your Wallet, According to JPMorgan and EY Experts

Most experts agree that there will be another rate cut next week.

News and Trends

growX Ventures Launches Fund II with a Target Corpus of INR 400 Cr

Fund II aims to target early-stage and growth-stage investments, backing 20–24 startups in deeptech sectors. It plans to deploy INR 10 crore in seed and INR 20–30 crore in Series B rounds.

Operations & Logistics

The Holidays Mean Vacation Time — But Disaster Can Still Strike. Is Your Crisis Plan Ready?

Holidays mean different working hours for companies and different schedules for employees that take off. Before you and your team enjoy some much deserved time off, it is important to put a crisis management plan in place so your business is ready to tackle any issue that crops up.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Leadership

As a Leader, Take These 5 Steps to Bridge the Gap Between Innovation and Execution

Companies that want to turn ideas into action must align their people and listen to their customers.