Home Credit Partners With Flexmoney To Offer Instant Cardless EMI | AFN News

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Home Credit Partners With Flexmoney To Offer Instant Cardless EMI

Posted on October 26, 2021

  • Instant Cardless EMI will allow Home Credit customers to purchase through Flexmoney’s 360â‚’ BNPL (Buy Now Pay Later) credit platform in categories such as mobile, electronics, durable goods, fashion, home, fitness , travel and insurance.
  • EMI Instant Cardless is available at over 4,800 major retailers and brands

New Delhi : Home Credit India, a local arm of the international consumer credit provider with operations in Europe and Asia and committed to fostering financial inclusion in India, has partnered with Flexmoney, the first digital cycle credit network Full Life BNPL (Buy Now Pay Later) platform provider in India will offer instant cardless EMI to Home Credit customers through Flexmoney’s network of over 4,800 reputable online merchants. The “Cardless EMI” facility is available to customers in popular categories such as mobile, electronics, durable goods, fashion, home, fitness, travel and insurance.

Through this partnership, Home Credit customers can benefit from simple and instant EMI through Flexmoney’s integrated secure payment platform.

Commenting on the partnership, Mr. Ankush Khosla, Director of Sales, Home Credit India said; “We are delighted to partner with Flexmoney to provide cardless EMI to our customers at the merchant point of sale. Over the past 18 months, Home Credit has focused on digitizing its services to provide a seamless and effortless experience for its clients. The partnership will allow an improved and user-friendly experience for the customer. With a presence on e-commerce platforms, this alliance will expand our reach across Flexmoney’s extensive merchant network and strengthen our large retail footprint in India. We look forward to a continued and enhanced partnership with Flexmoney to help us achieve our goal of boosting credit penetration in India ”

Mr. Yezdi Lashkari, Founder and CEO of Flexmoney Technologies said; “We are thrilled to partner with Home Credit to enable them to offer instant card-less branded IME through our network of over 4,800 reputable merchants. With this partnership, we look forward to meeting the growing demand for instant and frictionless purchase finance from India’s digital consumer generation. Flexmoney’s vision is to simplify and democratize consumer credit by enabling trusted banks and NBFCs to offer branded digital consumer credit lines to their customers. Partnering with Home Credit allows us to take a step forward in realizing this vision.

Flexmoney’s unique offer allows individuals to benefit from transparent and secure credit via their mobile phone number registered as a unique identifier to launch the Buy Now, Pay Later option without the need for a card credit or debit. The industry-leading BNPL infrastructure ensures that lending partners can provide secure and frictionless purchase credit to their customers from a variety of merchants, making it the most viable consumer BNPL solution for trusted lenders in the world. ‘ecosystem.


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