Capital Float, has partnered with the country’s leading fintech company, Razorpay, to extend its BNPL (Buy Now Pay Later) solution – Walnut 369 to all Razorpay-enabled online merchants. Customers can sign-up while shopping, get approved instantly and pay for purchases over 3, 6 or 9 months. The one-click credit option brings convenience and affordability to customers, and increases order value for merchants.
Gaurav Hinduja, Co-founder & MD, Capital Float, said, “Partnering with Razorpay is a significant opportunity for us to further the BNPL movement in India. The pandemic induced lockdown created a rapid shift in consumer shopping and payment habits, which has accelerated the need for BNPL. With Walnut 369’s industry-leading user-experience and our expertise in personal credit, we are offering a transformative payments experience to Razorpay users. Building on Razorpay’s interface, merchants can leverage Walnut 369 to serve a large unaddressed population of new-to-credit and non-credit carded customers.”
