EPayLater

About EPayLater

ePayLater is a fintech company offering instant credit solutions to consumers, enabling them to complete online purchases with a single click and repay within 14 days without any interest. Operating primarily in the Indian market, ePayLater serves individual consumers who seek a seamless and quick checkout experience for their online shopping, travel bookings, and food orders. The business model revolves around providing a credit limit of up to Rs.20,000 upon a one-time sign-up, allowing users to make purchases without sharing bank or card details. Revenue is generated through merchant fees and potential late payment charges. The company aims to simplify the checkout process and enhance user convenience, especially for those with low wallet balances or urgent booking needs. However, due to the Covid-19 situation, services are currently restricted, and transactions are temporarily halted. ePayLater will resume operations once conditions improve.