The Indian airline launches Book Now, Pay Later scheme
SpiceJet has introduced yet another customer-driven initiative allowing its passengers to pay for tickets in easy instalments. The airline has introduced a Pay Later/Cardless EMI scheme that allows greater flexibility, affordability and convenience for its customers who can now book an airline ticket online and pay in three, six, nine or twelve instalments.
Shilpa Bhatia, Chief Commercial Officer, SpiceJet said, “Customer convenience and affordability is at the heart of all we do and it has been our endeavour to make the overall travelling experience delightful for our passengers. The ticket price cannot be the reason to delay that family vacation any longer and our latest initiative aims to add more convenience and allow passengers to pay in easy instalments as per their budget. Moreover, in case a customer wishes to end the loan before the chosen EMI period, they can do the same and no foreclosure charges will be levied.”
This Pay Later/Cardless EMI product called Walnut 369 is powered by Capital Float, India’s leading Buy Now Pay Later and credit platform. This payment option will be available on the payment page of SpiceJet’s website and its mobile site along with other payment options. Customers while booking their flight tickets or add-ons will be able to make payment through this option. They will be able to choose and make payment in EMI’s of three, six, nine or twelve months. As part of the launch offer, customers will be able to enjoy three months EMI option at no additional cost. SpiceJet’s new feature gives a complete cardless experience to its customers as they are no longer required to provide credit card and debit card details to avail EMIs. Besides, it also comes with an instant loan approval and immediate ticket booking facility.
To avail this option, customers just need to provide basic details like PAN number, Aadhar number/VID and verify it with OTP. Customers will have to make payment of the first EMI by providing their UPI ID and subsequent EMIs would be deducted from the same UPI ID.