Timeline: Ban on quick-loan apps and its repeal – all in a weekFintech platform PayU’s buy-now-pay-later service LazyPay’s website was taken down following a notice from MeitY. Kissht, another lending p...
11 Feb, 2023, 12.53 PM IST
MeitY ban on loan apps includes non-Chinese players like PayU’s LazyPay, KisshtA senior official at the IT ministry confirmed that there were loan apps without Chinese links which were also a part of the 230-app ban th...
06 Feb, 2023, 11.47 PM IST
SBM Bank delivers a blow to card-fintechs barring onboarding of new usersFintech unicorn Slice has hit pause on new card issuance but acquiring users via UPI and other products.
18 Aug, 2022, 10.07 PM IST
LazyPay stops buy-now-pay-later payment product amid PPI concernsLazyPlus UPI had stopped onboarding new users last year as banking partners pulled out of the arrangement.
05 Jul, 2022, 06.22 PM IST
Govt finalising online gaming rules; LazyPay updates terms after RBI orderOfficials told us it would be “a light-touch framework that co-exists with the regulations” states have passed
01 Jul, 2022, 07.59 AM IST
LazyPay updates terms to comply with RBI orderThe buy-now-pay-later (BNPL) service asked customers in a message on Thursday to accept the terms, failing which all transactions would be ...
30 Jun, 2022, 08.24 PM IST
LazyPay partners with Zepto, expands BNPL service to quick commerceLazyPay said the partnership could help Zepto speed up its client adoption by using its large customer base.
13 Apr, 2022, 05.05 PM IST
PayU's LazyPay launches credit product 'LazyCard' amid growing competition in BNPL spacePayU’s ‘buy now pay later’ (BNPL) solution, LazyPay has partnered with SBM Bank India for the prepaid instrument, as the company looks to u...
11 Jan, 2022, 03.41 PM IST
Amazon vs Flipkart vs Paytm vs Freecharge vs Lazypay: Check penalty charges for Buy Now, Pay Later schemesAlthough these BNPL schemes do not have processing fees, they do charge a penalty amount for defaults or missing repayments.
10 Dec, 2021, 11.12 AM IST
Startups look to cash in on ‘buy now & pay later’Success rate for transactions on this mode are as high as 99%, which is one of the major selling points for ecommerce companies, according ...
07 Mar, 2019, 08.17 AM IST
PayU India hiving off lending business as a separate entityNew entity will house ‘buy now pay later’ product LazyPay.
17 Jan, 2019, 08.18 AM IST
PayU India sees revenue nearly double to Rs 588 crore in FY18Firm claims 50% market share in ecommerce payments on the back of scaling ops and LazyPay launch.
26 Dec, 2018, 08.06 AM IST
PayU India brings more than half the overall business of parent companyNaspers’ payments business, which gets majority of its revenues from India, valued at $5.2 billion, as per a Citi report.
06 Dec, 2018, 08.26 AM IST
PayU Money wallet to shut, co to focus on credit playHaving bought out Citrus Pay in 2016, PayU India ended with two e-wallet entities, after the acquisition.
05 Jan, 2018, 11.52 AM IST
Niki.ai partners with LazyPay to offer 'buy now, pay later' featureThe bills will be raised in two cycles for the pay later service users. Users of this service will receive an intimation of the amount to b...
31 Aug, 2017, 06.51 PM IST
PayU launches deferral payment option LazyPay on select merchantsThe product is aimed at making checkouts faster and reduce friction of online payments.
04 Apr, 2017, 02.13 PM IST
PayU scraps credit card plans, to launch a digital consumer credit productA product developed by Citrus Pay, which PayU acquired last year for $130 million, LazyPay would give its users an option to pay later for ...
17 Feb, 2017, 09.34 AM IST