The ‘Buy Now, Pay Later feature is becoming extremely popular and is available in most online payment apps. It has multiple benefits, and the users are given ample time to return the borrowed amount. Have a look at some of the most pertinent benefits of the Buy Now, Pay Later feature.
Get credit up to Rs 30,000
With this feature, you can borrow up to Rs. 30,000 from your online payment app. Therefore, this feature can prove to be extremely helpful in times of need. You will be able to buy the things you want right on time without waiting for your salary.
Easy installments
The borrowed money can be paid back within 15 days. Therefore, these installments won’t drain you out financially, and you will be able to pay them without any trouble. When you invest your time and money in something, you must ensure that it is worth it. Using this feature is worth it and will help you buy things you want right when you want them.
No interest
There is no interest charged on the borrowed amount if the bill is paid in the given time frame. Therefore, borrowing money from the app will prove an excellent investment decision. You don’t have to stand in banks any longer. Online payment apps are very convenient, and you will easily be able to borrow money and use it. Try using them, and you will see how all your financial troubles will end. Financial stability is the key element to leading a happy and healthy life. Therefore, you should explore anything that helps you save money.
No documentation required
Unlike banks, the online payment app does not require any documentation. It is very difficult to find time for ourselves in this fast-paced world, let alone other things. Borrowing loans from banks is a tedious procedure, and no one has the time to go through the lengthy documentation and approval. Therefore, to save time, you can borrow from online payment apps. That will help you save your time and energy. Try choosing options that make your life uncomplicated. That way, you will be able to lead a sorted life.
No extra charges
Online payment apps charge no extra charges. You can install them for free and use this feature for free. Everything is transparent as there are no hidden charges. Therefore, installing an online payment app and borrowing money from it will be completely transparent, and you will have all the proof. No cheating or fraud can happen, and it is an extremely secure way to borrow money. Therefore, with so many benefits, it will be foolish not to try an online payment app. Do your research and see which online payment app suits them best.
Steps to follow to access the buy now pay later feature
Install the app
Install any online buy now, pay later app, such as MobiKwik on your phone. You can install any app which matches your preference.
- Sign in
After the installation process gets over, the app will ask you to sign. It will be for personal details such as your name, residence, etc.
- Activate ZIP
Install the MobiKwik app. The Buy Now Pay Later feature is called ZIP. It can be used for your medical bills, travel expenses, groceries, etc. Therefore, when you install the app, you will need to activate ZIP to avail yourself of the benefits.
Therefore, whether it’s your phone bill, electricity bill, medical expenses, or any immediate expenditure, you can use the ‘Buy Now, Pay Later’ feature to pay off your bills and carry out other expenditures.
