Specifications of waitNpay
Faster amongst all traditional payment options like net banking, cash cards, credit cards and so on.
Increasing average order value (AOV) and enticing shoppers to make bigger ticket purchases.
Increasing overall sales.
Opening a new stream of income via micro credit option.
A feasible and great option for unexpected and emergency purchases.
Minimal penalty on missing the grace period of repayment but beyond that, the service comes free of cost.
Point of sale credit, where consumer is offered on the spot credit without going through any lengthy process.
Need not demand remembering bank details, net banking logins, card numbers etc as this works completely without the above information and is only dependent on mobile number.
Provides a holistic and pleasant branded consumer purchase experience as checkout becomes user friendly.
Easy to keep a track of credits taken as the amounts are lower in figures.
No requirement of buying fraud protection plans as this payment option is transparent and cardless.
Avoid hidden charges and heavy interest on grace periods.
No sales call on upgrading the product as compared to credit cards and other credit offering payment options.
No hassle of dealing with heavy credit statements, high operating cost, and high replacement costs.