How does LazyPay work?

LazyPay is the fastest way to get credit online. Just enter your mobile and avail a personalised credit limit to confirm your online purchases! Use your credit limit to Buy Now Pay Later when you shop online across 100+ of your favourite apps and websites, including Swiggy, Zomato, BookMyShow, Airtel & more!


What happens if I dont pay LazyPay?

6.13 If the User fails to pay the BNPL Statement Amount on a Due Date, LazyPay shall be entitled to suspend the User Account of the User at it sole discretion.

How do I pay back LazyPay?

How to repay the due amount?
  1. Go to the LazyPay tab on the app.
  2. Tap on Pay Now.
  3. Choose your preferred payment mode.
  4. Complete payment.


Is LazyPay trusted?

LazyPay is the easiest and quickest way to make payments. Launched by PayU India, LazyPay is a reputed and trustworthy payments company.

Is there any charge in LazyPay?

Late fee charges : Depending on your bill amount, you will be charged a of 4% of your bills or Rs. 250, whichever is higher (GST of 18% will be applied). Late fee is applied once in a month if you default. In case you make a part payment before the due date, late fees will not be applied.


LazyPay Full Explained in Hindi | By Ishan



Is LazyPay approved by RBI?

No, As the Pay Later product does not fall under the ambit of RBI Circular, the moratorium will not be applicable on dues generated via Pay Later. Please note - If you opt-in for Motatorium you will not be able to use Lazypay pay later till your Motatorium period is completed. Was this helpful ?

Does LazyPay reduce credit score?

Thus when you make regular repayments on your LazyPay account, your credit score increases over time. However, note that if your use 50% of your credit limit regularly, it can hamper your score.

Is LazyPay lifetime free?

Buy using your LazyPay Credit Card and Pay back in easy EMIs at your convenience. RBL Bank LazyPay Credit Card is Lifetime Free.


Can I convert LazyPay to EMI?

To avail LazyPay Instant EMI, simply head over to the Flipkart App or Website. Select the product of your choice and checkout via LazyPay under EMI payment options. Choose a convenient EMI plan and confirm your purchase with an OTP. DONE!

What is highest credit limit in LazyPay?

Currently the maximum possible credit limit is Rs 1,00,000. In case of any further query, you can also connect us on 08069081111 between 9 AM to 9 PM.

Does LazyPay affect cibil?

Lazypay is now showing in cibil report as personal loan from PayU finance pvt ltd, sala ab to barosa hi utt gaya hai… 279° Kotak Bank offering credit card limit enhancement!


Which bank does LazyPay use?

Lazypay, a Buy Now Pay Later solution by PayU Finance, has partnered with SBM Bank India to launch LazyCard, a payment instrument backed by a credit line, thus foraying into the card segment.

Does LazyPay take legal action?

Lazypay will not initiate legal action against anyone who makes a report in compliance with this policy. If a researcher follows the rules set out in this Responsible Disclosure Policy when reporting a security vulnerability to us, unless prescribed otherwise by law or the payment scheme rules, we commit to.

How is LazyPay different from credit card?

The LazyCard offered by Lazypay is described as a revolutionary credit card. This card acts as a prepaid credit card, which allows its users to carry out any kind of financial transaction regardless of their bank balance.


When should I pay in LazyPay?

LazyPay has two bill cycles a month: 1. For all transactions done between the 1st and the 15th day of the month, statement will be generated on the 16th day of the month with a due date as the 18th of the month. 2.

Who is the owner of LazyPay?

We are part of PayU, a leading financial services provider in global growth markets.

Who is eligible for LazyPay?

Digital Credit Card Eligibility

The LazyCard by LazyPay is easily given to existing credit card users above the age of 18 years as an add-on feature. Make sure you have updated KYC documents to be able to qualify.


Is LazyPay card debit or credit?

LazyCard - Credit Card Alternative - Credit limit upto ₹5 lakhs.

Is LazyPay safe in India?

LazyPay personal loans also offer the convenience of paying interest only on the used amount and not the approved limit. The highest levels of security are maintained so you can rest assured all app data is safe.

Does LazyPay credit increase?

Yes! You can easily increase your credit limit any time by starting a digital Fixed Deposit from the Wealth tab on LazyPay app. You will get a credit limit increase by the same amount as your deposit. Your FD will be securely placed with RBI approved SBM Bank and can be closed any time.


Can I use LazyPay without KYC?

In case you do not complete the KYC journey, the choice of products that you can avail on the LazyPay application is limited and you may only avail anydeferred payment options as may be offered by the merchant(s) of LPL. Was this helpful ?

Can I withdraw cash from LazyPay?

LazyPay offers both digital and physical cards to its users. With the Lazypay card, we can shop online and offline almost anywhere. But, this is not a credit or debit card, and you can't withdraw cash from ATMs or make purchases online or in offline shops abroad with your LazyPay card.

Does 1 day late payment affect CIBIL score?

Yes. Any delays in your credit payments – be it a credit card bill or loan EMI – harms your CIBIL™ score and can cause it to drop. The late payments are also recorded on your credit report making it difficult for you to qualify for future loans.


Can we use LazyPay card in shops?

Your LazyCard is one more way to access and use the LazyPay Credit limit. You can use the card at any merchant outlet that supports a card terminal that supports Visa issued cards, or use it on websites that accept Visa cards, just like any other card. There are no extra fees or charges to avail the LazyCard.

Why my LazyPay limit is not increasing?

In case you have already provided your basic info and your limit didn't increase, then we will not be able to increase you limit at this point of time. We'll notify you once when we'll be able to provide you higher limit. In case of any further query, you can also connect us on 08069081111 between 9 AM to 9 PM.