Amazon Pay Later is a digital process that allows customers to get instant credit for purchases using EMI on Amazon.in. Here are some key features of Amazon Pay Later:

• One-time setup: Customers need to complete a one-time setup process, which should not take more than 2 minutes and does not require credit card details.

• Payment options: Customers can avail Amazon Pay Later payment option during checkout on Amazon.in, and pay later next month or over EMIs ranging from 3 to 12 months.

• Benefits: Customers can get an instant decision on their credit limit by the lender, and there are no processing or cancellation fees, pre-closure charges, or interest costs.

• Eligibility: Eligibility criteria for Amazon Pay Later are based on the customers credit score, purchase history, and other factors.

Amazon Pay Later is offered by Amazon Finance India Private Limited in partnership with one of its third-party lending partners, axio or IDFC FIRST Bank. It is currently available in India, and there are no indications that it will be available in other countries. However, Amazon has recently partnered with Affirm to offer a buy now, pay later option for small business owners in the US.