WHAT IS FREO PAY BUY NOW PAY LATER?

The Freo Pay BNPL app gives you the freedom to shop without any worries. Users can get up to ₹10,000 from Freo Pay to pay their dues or shop anywhere in India and payback after 30 days.

We make lightning-fast payments. With minimum digital KYC, the postpaid amount gets disbursed within minutes.

HOW DOES BUY NOW PAY LATER WORK?

Buy now pay later apps allows people to buy things and pay the bills later or after a specific period. BNPL apps also enable users to convert purchases into interest-free installments.

ADVANTAGES OF BUY NOW PAY LATER

Easy transaction process
Quick approval and easy set-up process
Zero-interest for the borrowed amount
Lower interest compared to a credit card
Credit isn’t a mandatory requirement
Encourages financial discipline

WHAT DOCUMENTS DO I NEED FOR FREO PAY?

PAN Card Number
Selfie from the Freo Pay app
Address Proof (Driving Licence /Passport / Aadhar Card)
ID Proof (Driving License /Passport / Voter’s ID / Aadhar Card / Pan Card)

HOW CAN I BUY NOW AND PAY LATER FOR MY PURCHASES?

Step 1: Download Freo Pay
Step 2: Scan and pay at your favourite store
Step 3: Confirm your purchase
Step 4: Pay after 30 days with 0% interest

WHERE CAN I USE FREO PAY?

You can use Freo Pay anywhere in India, whether you live in a bustling metro, a peaceful Himalayan town, or on a serene island in the Indian Ocean. We aren’t kidding!

WHY SHOULD I USE FREO PAY?

Quick access to money from anywhere – You don’t have to wait longer to buy what you need. Buy what you need or want. No questions asked

Save big on interest – With Freo Pay, you can buy now and pay later after 30 days. We charge 0% interest on any purchase you make for 30 days.

We serve convenience – You don’t need a credit card to shop at your favourite store anymore. Repay and replenish your Freo Pay amount and use it for all your daily shopping!

Manage everything from the Freo Pay app – Repay your dues and manage your funds with a few clicks from our app.

Purchase a wide range of items with Freo Pay – From the latest gadgets to apparel, including food delivery, grocery and other essentials.

BUY NOW AND PAY LATER VS CREDIT CARD

BNPL

No annual fees
Instant approval of funds
Repayment deduction depends on the mode of payment (BNPL or EMI)
Late payment fees or missing the deadline

CREDIT CARD

Credit card users pay a monthly minimum due
Credit cards may charge annual fees
Approval depends on your credit score
Clear your dues whenever you want to
Interest adds up from month to month

BUY NOW PAY LATER VS PERSONAL LOANS

BNPL

Provides instant credit to prospects from ₹500 to ₹10,000
Less documentation
Requires a soft check on credit history
Freo Pay charges zero interest for 30 days

PERSONAL LOANS

Best for customers who want to borrow more than ₹50,000
Requires specific documentation like salary slip and other KYC documentation
Requires hard credit check for approval
Fixed interest rate

FEATURES OF FREO PAY

✅Get 0% interest for 30 days
✅Buy now and pay later
✅Repay and reuse
✅Quick money disbursal
✅No hidden fees
✅Digital KYC
✅Get up to ₹10,000 in 5 minutes

FEES AND CHARGES

Freo Pay is a free to use Buy Now, Pay Later app. But late fees will be applied if a payment deadline is missed.

FREO PAY SHOPPING

Freo Pay is a simple to use Buy Now Pay Later app which provides an INSTANT AMOUNT of up to ₹6,000. To everyone and anywhere in India.

We help people avoid awkward conversations about borrowing money. So, we’re the one for you if you are looking for a friend who will lend you money without all the talking, formalities, and paperwork!

With Freo Pay, you can shop today and pay back next month. Simplify your shopping experience. Shop any time, anywhere, with the Freo Pay app.

FAQs

Can buy now pay later affect my credit score?
Failing to pay your dues will affect your credit score and attract late payment fees.
Can buy now pay later improve my credit score?
Yes. Paying your dues on time improves your financial discipline and payment history.
Is Freo Pay interest-free?
Freo Pay offers 0% interest for 30 days.
Does Freo Pay check my credit score?
No, Freo Pay doesn’t require a credit score to approve your postpaid limit.
Does buy now pay later help to build credit?
Using some Buy Now Pay Later app helps build your credit score. It differs across various app payments. Please check with your Buy Now Pay Later customer support for more clarifications.