Oxigen ties up with ePayLater to provide its ‘Buy Now, Pay Later’ services

2024-04-15 02:38:50 Business

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Mumbai, 6th February, 2019: Mumbai based instant credit facilitating platform ePayLater is expanding its unique short-term credit payment model to Oxigen wallet users. By entering into a partnership with Oxigen, the one-stop shop for all payment needs, ePayLater will allow Oxigen wallet customers to ?Buy Now, Pay Later? to purchase VAS services from the in-app billers and customers can then pay for services availed at a later stage. ePayLater?s one-of-a-kind ?Buy Now, Pay Later? service will allow Oxigen users to avail hassle-free credit with a 14-day, interest-free period. Through the partnership, ePayLater will be able to extend its state-of-the-art services to a larger target markets with Oxigen?s existing user base.

ePayLaterhas already enhanced the customer experience for Oxigen users, who are able to make faster transactions without worrying about immediate payment. Without having to enter any sensitive bank information, ePayLater will offer a seamless and secure checkout experience for customers.

Speaking on the tie-up, Aurko Bhattacharya, Co-founder, ePayLater said, ?We are thrilled to partner with Oxigen and extend our services to its large customer base. Through the tie-up, we hope to bring our seamless, state-of-the-art credit solution to Oxigen customers. Oxigen has a wide retail distribution network and has been a pioneer in the offline distribution of digital services. By engaging with this network, we hope to bring more innovative solutions to the market both in the online and offline sphere.?

Ankur Saxena, CEO, Oxigen, added, ?We are extremely delighted to partner with ePaylater. This 14-day interest-free credit period offered to our users will attract young users to use Oxigen Wallet?s VAS services more frequently, thus increasing the number of transactions. Oxigen Wallet users will now be able to make timely Bill payments without depending upon other sources of income for making payments.?

ePayLater and Oxigen have rolled out their combined services pan-India and are offering customers across the country a chance to shop with utmost convenience. The service will enhance the spending capacity of Indians and will give a significant boost to digital transactions in the country.

About Oxigen Services India Pvt. Ltd.

In the last 14 years, Oxigen has established nationwide payments ecosystem, in a seamlessly networked environment, using its proprietary technology to deliver payments and remittances in real time and facilitate easy access to ?last mile? banking, remittances and other financial products, within the convenient reach of people, with a focus on rural India. Oxigen is one of India\'s Largest Payments Solutions Provider. Oxigen provides inter-operable, low-cost wireless technology driven infrastructure, integrated with Aadhaar, agnostic to banks and telecoms, and is delivering affordable services to the masses including banking services, promoting saving products, insurance, pension and more. Oxigen has a long standing, where it is not only a trusted Partner to the Banks, but are also customer favoring, by providing them door to door banking services, especially in rural and remote areas. Oxigen provides branchless banking services integrated with Aadhaar to facilitate Aadhar Based Banking like Cash In/Cash Out from bank account, Bank Transfers and merchant payment services with NFC (Tap Pay), Card Payments (Rupay, Visa, Master Card, Maestro), Bharat QR, Bhim UPI, Aadhaar Pay, Cash @ PoS using Cards. Traditional services also include Recharges for Telecom, Internet data and DTH Prepaid, Postpaid Recharges, Money Transfer, Travel (IRCTC Railways/Airlines/Bus) Tickets, Movie Tickets, Utility Bill Payments, Gift cards & value-added services, through its network of 1,00,000 retailers who, in turn, provide these services to end customers.

About ePayLater

Founded in 2015 by Akshat Saxena, Uday Somayajula and Aurko Bhattacharya, ePaylater is a ?Buy Now, Pay Later? payment solution through which customers can get access to a credit limit to make faster online purchases. Once signed up, a customer can avail a credit limit of uptoRs. 20,000. A 14-day interest-free period is provided from the date of purchase to settle the payment.