How to buy Mobile on EMI
We often shop online because it’s both pleasurable and convenient. But what if you could make sure that shopping online was also the most affordable option? In recent months, Flipkart has introduced the next generation of payment methods such as No Cost EMI and Credit Card EMI for customers. Debit Card EMI, which Emibaba has introduced in partnership with the top banks in India, is the latest in the series of payment innovations to help make online payments easy and affordable for customers.
Why Debit Card EMI ?
According to data released by the Reserve Bank of India, there are 79.38 crore debit cardholders while credit cardholders account for only 3.14 crore customers. A large number of online shoppers are not credit card users. In fact, not only do they not own a credit card, they are wary of using credit cards for shopping, particularly for online purchases.
Flipkart has designed Debit Card EMI specifically to enable such customers to shop confidently without worrying about denting their monthly cash flow.
How do I know that I am eligible for Debit Card EMI from Flipkart?
Registered Flipkart customers who are considered eligible for Debit Card EMI will see customized communication about the Debit Card EMI offering on the Flipkart home page as well as the product page and payment screens at the time of checking out of their shopping carts while making a purchase on Flipkart. These eligible customers can now pay for their purchases made by debit card on Flipkart in equated monthly installments (EMI).