Best Buy Now, Pay later (BNPL) Apps in India (2025)

The Buy Now, Pay Later (BNPL) service offers short-term loans to customers so that they can purchase goods and services without any present worry about finances.

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Subject to rules and regulations, it is usually easy to get a BNPL, that too without any interest.

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The BNPL services are usually safe to use and they generally don’t impact your credit score.

How Buy Now, Pay later (BNPL) works? 

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The BNPL program offers to make a purchase. To get this facility, you need to click on the “pay later” option at Checkout.

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While with certain BNPL apps, you do not need to pay any downpayment, other BNPL apps mandate you to pay a certain percentage of downpayment and the remaining amount can be paid via EMIs.

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The payment can be automatically deducted from a debit card, bank account, or credit card account.

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Are Pay Later apps safe?

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While online transactions can be questionable and dangerous, authentic and reliable  Pay Later Apps operating from India try their best to reduce the risks associated with online transactions. Here is why Pay Later apps can be safe to use:-

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1. User Verification - Pay later apps function with multi-factor authentication systems like OTPS or biometrics. This ensures that only the owner can access and operate the app.
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2. Customer support - Reputed companies offering pay later apps are dedicated to serving their customers. They have satisfactory customer support services to assist you with any security concerns.
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3. Encryption - All the data in pay later apps are encrypted thereby securing your sensitive and private information.
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4. Transaction limits  - To ensure the reduction of phishing, you can set the transaction limit on your concerned pay later app.

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Advantages of Pay Later Apps in India

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Here are some of the advantages of using  Buy Now Pay Later Apps in India -

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1. Shop with no worry - With buy now pay later services, shopping has never been easier. Gone are the days when you are unable to shop because of a financial crunch. With a pay later service, you can relish your purchases and pay at a flexible course of time.
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2. Quick and effortless setup - You shall be all set to use the Pay Later app in no time. Most of the pay later services in India offer a hassle-free and easy setup method.
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3. Affordable Interest Rates - Most of the pay later apps in India charge low interest rates which makes the experience more pleasurable. This is one of the major reasons why pay later apps are way more popular than credit cards which usually charge high rates. 

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Which apps offer Pay Later in India?

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Here are some of the best Pay Later apps in India. These pay later apps can also be used for students. 

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Paytm Postpaid
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Paytm Postpaid is a pay later app offers some appealing benefits to its users which makes it one of the top options for customers to consider.

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The Paytm Postpaid Service Shall make your life easier. Some of the key benefits of this service are-

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• Get up to Rs. 60,000/- instant credit. 
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• With this service, you can now enjoy 30 interest-free days. You can pay the amount the next month subject to the nominal convenience fee.
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• You do not need to pay any activation fee.
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• The entire transaction process is digital.
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• The paytm postpaid service is accepted everywhere in India. You can opt for easy checkouts too!

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Slice

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This app is best for people who do not own credit cards. With this app, you can get fantastic rewards. With a slice credit card, you can avail fantastic benefits. Some of the benefits you can grab are-

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• Get Instant cash back on every transaction
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• You can use it almost everywhere across the country
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• You do not have to pay any joining fee or any annual or renewal fee
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• You do not require any minimum credit score to get this card

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Please note that you must be employed to be an owner of the Slice credit card and you must be an Indian citizen.

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Flipkart Pay Later

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With this service, shopping is now a fun ride.

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You can buy all the stuff you want without worrying about payment. Flipkart offers a 30-second application process. All you need to do is enter your basic details, and your bank account details, verify with the OTP and that's it!

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Wait, That's not all. You can also pay your utility bills for mobile recharge, gas, electricity etc with this service. Some of the highlights of this facility are- 

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• Get up to Rs.1,00,000/- instant credit
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• You can opt for a one-click hassle-free check-out
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• You can avail of flexible EMI services

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Amazon Pay Later

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You can now make purchases from Amazon even when your wallet is feeling a little light! Amazon has launched its Amazon Pay Later scheme which is an easy way to get instant credit for any kind of purchases made from the Amazon Portal.

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The application process is simple and easy. The best part is that you do not need to provide your credit card details. The EMI options are flexible too and it starts from 3-12 months.

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To avail of this benefit, you must have an account with Amazon and you need to submit certain official details such as your PAN card, bank account details your Government approved address proof.

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Although Amazon's pay later scheme has eligibility requirements tied to selected banks, that would not be a concern because all the major significant banks in India are participating in this scheme.

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Some of the key benefits of this pay later scheme are-

• Enjoy the freedom of no processing or cancellation fees.
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• Easy checkout facilities on the Amazon platform
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• Easy tracking of EMIs and repayments

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ZestMoney

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This app allows you to pay your EMIs easily without a credit card.

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This app operates completely in an online mode. 

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You must be over 18 to use this app and you must be an Indian resident with an active bank account. The registration process is pretty easy. All you need to do is download their app, upload your KYC and other relevant bank documents and that's it! You can now use ZestMoney to pay at offline and online stores.

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Some of the mind-blowing benefits of  this app are

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• There are no hidden charges and you do not have to pay any joining fees
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• It is accepted at more than 10,000 online stores and more than 75,000 offline stores
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• It has a simple approval process. You do not need to do any complex paperwork.
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• You can repay the amount at your convenience
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• With your ZestMoney app, you can shop from over 15,000 brands like Flipkart, Myntra, Amazon, Titan, Reliance Digital, etc. 

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Simpl

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This is another top BNPL app to function in India. With its user-friendly surface and one-tap payment system, you can borrow money without any worry. Some of the highlights of this app are-
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• Accessible everywhere in India
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• Connected to the biggest Indian brands
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• One-tap payment system
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• No cost is necessary to borrow money. However, you have to pay a late fee if you do not repay on time.

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Freecharge

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Freecharge by Axis Bank offers easy borrowing options. All you need to do is download their app from PlayStore and complete the application process which mostly takes 2 minutes that's it! Some of the key features of this app are-
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• You can shop in a large section of stores. Freecharge is available at more than 25,000 online and physical stores.
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• It requires zero processing fees.
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• The app does not charge any interest.
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• You can even pay your utility bills with this app.
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• It provides a one-tap payment system which is 100% secure.
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To register with Freecharge, please note that you need to submit your PAN card details, and KYC documents. 

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Olamoney Postpaid

OlaMoney Postpaid, launched in 2019 by Bengaluru-based ride-hailing giant Ola, is a “use-now-pay-later” payment service. It enables users to consolidate payments for Ola rides and other services into a single bill at the end of a 15- or 30-day billing cycle.

Operated by Ola Financial Services, the service is part of Ola’s broader financial ecosystem, which includes digital wallets, micro-insurance, and the OlaMoney Credit Card. These offerings position Ola as a key player in India’s burgeoning BNPL market.

OlaMoney Postpaid offers several features designed to enhance user convenience:

• Users can make purchases without immediate payment and settle their dues after 15 or 30 days, depending on their billing cycle.

• OlaMoney Postpaid is accepted across a wide range of merchants and services, including cab fares, mobile bills, DTH recharges, electricity and gas bills, and online shopping.

• Eliminates the need for frequent wallet recharges, allowing seamless transactions up to the assigned credit limit.

• All transactions within the billing cycle are consolidated into a single bill, simplifying the payment process.

• Users can avail themselves of various discounts and promotions across partnered brands and services.

• Quick and straightforward activation process with minimal documentation.

• Ensures user data protection and secure payment processing

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ePayLater

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ePayLater is an Indian BNPL (Buy Now, Pay Later) platform offering instant credit to retailers for seamless cash flow management. With credit limits up to INR 2.5 million (US$30,000) at 0% interest for 14 to 30 days and no processing fees, ePayLater simplifies business purchases and financial flexibility.

• Retailers can access credit up to INR 2.5 million (US$30,000) at 0% interest for 14–30 days.

• ePayLater allows repayment within the interest-free period, ensuring efficient cash flow management.

• Credit can be utilized repeatedly after each repayment.

• Easy onboarding through the app with instant approval. Credit amounts range from INR 25,000 (US$300) to INR 2.5 million.

• Repayment can be made within a minimum of 0 days and a maximum of 30 days, depending on the merchant.

• Approved credit remains accessible for use anytime within a year.

• ePayLater offers an additional facility to pay invoices using credit limits, repayable at an APR of 28% over 7–90 days, based on invoice terms.

These features position ePayLater as a valuable financial tool for retailers, offering convenience, flexibility, and enhanced purchasing power.

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MobiKwik ZIP

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MobiKwik ZIP, a credit service by MobiKwik, provides users with instant credit of up to INR 60,000 (US$715) to shop, pay bills, and manage expenses at over 100,000 brands, including Swiggy, Zomato, Flipkart, Myntra, and Pharmeasy.

With an interest-free credit line, users can settle their bills within a flexible 15- or 30-day billing cycle without additional charges. The initial credit limit is based on the user’s credit history and can grow with consistent on-time repayments, offering both financial flexibility and a way to build credit scores.

MobiKwik ZIP supports diverse expenses, such as shopping for clothes, groceries, electronics, food orders, and utilities, making it a versatile and convenient payment option.

• MobiKwik ZIP provides users with instant credit of up to INR 60,000 (US$715) for purchases and bill payments.

• The service allows users to shop and pay bills across over 100,000 brands in India, including Swiggy, Zomato, Flipkart, Myntra, and Pharmeasy.

• It offers an interest-free credit line, provided the bill is paid within the specified billing cycle of 15 or 30 days.

• The initial credit limit is determined by the user’s credit history and can increase with consistent on-time repayments.

• Users can improve their credit score by ensuring timely repayments of their ZIP Paylater bills.

• MobiKwik ZIP is versatile, supporting expenses for clothes, groceries, electronics, food orders, utilities, and more

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Axio

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Axio, formerly known as Capital Float, is a Bengaluru-based fintech company with an NBFC license that provides cutting-edge credit solutions. The company offers flexible payment terms ranging from three to twelve months, simplifying online shopping for customers and boosting merchant sales.

Supporting over 3,000 merchants, Axio embeds credit financing and money management tools directly at checkout. With a customer base of 10 million and an annualized disbursal volume exceeding US$1 billion, Axio has solidified its position as a key player in the fintech ecosystem.

• Axio operates with a non-banking finance company (NBFC) license, enabling it to offer credit solutions directly and through co-lending partnerships.

• Flexible payment terms of 3 to 12 months make online shopping more manageable for customers.

• Collaborates with over 3,000 merchants to integrate credit financing and money management tools at checkout.

• Serves around 10 million credit customers with an annualized disbursal volume exceeding US$1 billion.

• Secured US$20 million in equity investment in August 2024 to scale lending operations and expand credit offerings.

• Raised a total of US$671 million in debt and US$137 million in equity since 2013.

• Backed by renowned investors, including Creation, Elevation, Ribbit Capital, Sequoia, and Lightrock.

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LazyPay

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LazyPay, launched by PayU in 2017, is a leading digital credit platform in India, offering seamless and instant credit solutions. With a one-tap digital checkout process, LazyPay is integrated with over 250 popular apps, including Swiggy, Zomato, Book My Show, and Make My Trip, enabling users to make quick purchases with flexible repayment options.

The platform offers 15-day interest-free credit, revolving balances, low-cost monthly installment plans, and instant personal loans through its app for diverse financial needs.

LazyPay also pioneers credit through the Unified Payments Interface (UPI), allowing users to access credit for offline purchases by scanning QR codes or using a unique handle for online payments.

• Provides a seamless one-tap digital checkout process integrated with over 250 popular apps.

• Offers flexible repayment options, including 15-day interest-free credit, revolving balances, and low-cost monthly installments.

• Delivers instant personal loans through its app for diverse financial needs.

• Supports credit transactions via UPI for offline purchases using QR codes or a unique LazyPay handle.

• Integrated with quick commerce platforms like Blinkit, Zepto, Instamart, and Big Basket.

• Partners with merchants to provide credit without additional costs, ensuring a smooth user experience.

• Caters to both everyday purchases and emergency financial needs with fast and accessible credit solutions.

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Flexmoney

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Flexmoney is a pioneering fintech company revolutionizing consumer credit in India. Its flagship product, InstaCred, is a digital credit infrastructure that empowers banks and NBFCs to offer branded, instant, cardless point-of-sale (POS) credit directly at checkout. Seamlessly integrated across a vast network of partner merchants, InstaCred enables frictionless and secure purchase finance, eliminating the need for physical credit cards.

With over 25 million pre-approved cardless BNPL credit lines issued by six leading banks and NBFCs, Flexmoney is driving its mission to democratize access to consumer credit.

• Offers InstaCred, a digital credit infrastructure for seamless cardless point-of-sale (POS) credit.

• Enables banks and NBFCs to provide branded, instant credit at checkout without physical credit cards.

• Integrated with an extensive network of partner merchants for widespread accessibility.

• Facilitates frictionless and secure purchase financing for consumers.

• Supports over 25 million pre-approved cardless BNPL credit lines from six trusted banks and NBFCs.

• Focused on expanding its network by onboarding additional lenders and merchants.

• Plans to introduce new credit products to enhance market presence and user benefits.

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Fibe

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Fibe (formerly EarlySalary) is India's leading consumer lending app, designed to meet the financial needs of young professionals often overlooked by traditional lenders. With a mission to empower mid-income groups, Fibe offers fast, flexible, and accessible financial solutions to help users achieve their goals and upgrade their lifestyles.

• Fibe offers instant personal loans of up to INR 500,000.

• Funds are disbursed within two minutes of approval.

• Users can choose flexible repayment tenures ranging from 3 to 36 months.

• The platform provides Buy Now, Pay Later (BNPL) plans across various sectors.

• Both short-term and long-term loan options are available.

• The application process is seamless and managed through the Fibe app.

• Loan amounts are transferred directly to the user’s bank account for convenience.

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FAQs

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Q) Can I use BNPL apps in India without KYC? 

Answer - Currently, no BNPL apps or Buy Now Pay Later apps in India offer you to borrow money without submitting your KYC documents.

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KYC documents or “Know your Customer” are required by companies to understand the credit score of their customers. This information is necessary so that the companies can assess the customers and understand whether it is safe to lend money to them or not. Therefore, KYC documents reduce the chances of fraud. 

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Q) Is BNPL a loan? 

Answer- Yes, BNPL is a type of short-term loan provided to consumers. However, it is different from credit cards.

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The reason why BNPL apps are so popular is that you can borrow credit in a hassle-free and convenient way and it involves less to zero paperwork. 

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Q) Will BNPL Apps affect my credit score?

Answer - Normally it doesn’t. As long as you repay the due amount in time, your credit score won’t be impacted. However, always read the terms and conditions of each BNPL app to understand what impacts the credit score. 

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If you continue to delay your payment, not only will you increase your debt but also the concerned company will continue to charge interest on the due amount. If this continues, there is a high chance that your application for a loan won’t be approved in the future. 

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