Amazon Pay EMI has launched in India, bringing online payment options to consumers who don’t own a credit card. The EMI is limited at INR60,000 ($110) and works in partnership with multiple banks in the region, including HDFC Bank and Canara Bank. The EMI function allows consumers to pay for Amazon purchases in instalments, ranging from 3 to 12 months. The service is currently an invite-only mobile function; users need to have an Aadhaar card and Pan card, and purchases must exceed INR8,000 ($825).
Amazon Pay EMI has launched in India, bringing online payment options to consumers who don’t own a credit card. The EMI is limited at INR60,000 ($825) and works in partnership with multiple banks in the region, including HDFC Bank and Canara Bank. The EMI function allows consumers to pay for Amazon purchases in instalments, ranging from 3 to 12 months. The service is currently an invite-only mobile function; users need to have an Aadhaar card and Pan card, and purchases must exceed INR8,000 ($110).