How to Activate Amazon Pay Later : Amazon Pay Later Registration

How to Activate Amazon Pay Later : Amazon Pay Later Registration

Amazon Pay Later is the hassle-free way to get instant credit, via a completely digital process, for purchases using EMI on Amazon.in. You have to complete the one-time setup process, which should not take more than 2 minutes and does not require you to provide credit card details.

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Once the setup is complete, you can avail Amazon Pay Later payment option during checkout on Amazon.in, and pay later next month or over EMIs ranging from 3 to 12 months. You can easily track your purchases, repayments, and limits history from a simplified dashboard for this payment mode.

Amazon Pay Later is offered to you by Amazon Pay (India) Private Limited (“Amazon“)in partnership with one of its third-party lending partners – Capital Float or IDFC FIRST Bank.

Amazon Pay Later

Amazon Pay Later Registration

How can I register for Amazon Pay Later?

Go to Amazon Pay Later registration page on your Amazon.in mobile App and follow simple on-screen instructions.

Step 1: Complete your KYC

You will be shown one of the below four modes of KYC completion:

  1. Existing KYC (shown only in case you have completed KYC for Amazon Pay Balance).
  2. OTP Based eKYC
  3. Existing customer with lending partner (Shown only in case you have already completed KYC with our lending partner in past)
  4. KYC as received from CKYCR under CERSAI

If you are shown Option 1, i.e. Existing KYC, you will need to follow the below steps:

Step 1: Verify Identity

Enter missing 4 digits of the PAN Card you used for completing the KYC for Amazon Pay Balance.

Post submission of details, your profile will be evaluated, and Amazon Pay Later limit will be determined which will be displayed to you on the next screen.

Step 2: Accept Terms

Your approved Amazon Pay Later limit will be displayed on this screen along with the loan agreement. Please read and accept the agreement to complete Amazon Pay Later registration. This sanctioned limit will become active within few minutes of completing the registration.

If you are shown Option 2, i.e. OTP based eKYC, you’ll need to follow the below steps:

Step 1: Verify Identity

Enter your complete PAN card number and click Continue.

Enter your complete Aadhaar number and click Continue.

You will receive an OTP on your mobile number registered to your Aadhaar number. Enter the OTP and click continue.

Post submission of details, your profile will be evaluated, and Amazon Pay Later limit will be determined which will be displayed to you on the next screen.

Step 2: Accept Terms

Your approved Amazon Pay Later limit will be displayed on this screen along with the loan agreement. Please read and accept the agreement to complete Amazon Pay Later registration. This sanctioned limit will become active within few minutes of completing the registration.

If you are shown Option 3, i.e. Existing KYC with lending partner , you will need to follow the below steps:

Step 1: Verify Identity

OTP will be sent on the registered mobile number with the Lending Partner

Enter missing 4 digits of the PAN Card you used for completing the KYC for the lender.

Post submission of OTP, your profile will be evaluated by the lender, and Amazon Pay Later limit will be determined which will be displayed to you on the next screen.

Step 2: Accept Terms

Your approved Amazon Pay Later limit will be displayed on this screen along with the loan agreement. Please read and accept the agreement to complete Amazon Pay Later registration. This sanctioned limit will become active within few minutes of completing the registration.

If you are shown Option 4, i.e. CKYC, you’ll need to follow the below steps:

Step 1: Verify Identity

Answer a few questions on your basic KYC information and give a consent on the KYC details displayed to you that are fetched from CKYCR.

Post submission of details, your profile will be evaluated by the lender, and Amazon Pay Later limit will be determined which will be displayed to you on the next screen.

Usable limit is the amount of credit that is available for use, from the total approved EMI limit on your Amazon account.

Available Regulatory limit (T) Rs.60000
Transaction A Rs.10000
Transaction B Rs.15000
Transaction C Rs.10000
Repayment transaction (R) Rs.5000
Usable Limit (T- (A+B+C))** Rs.25000
Total Available Limit (T- (A+B+C)) + R Rs.30000

How many purchases can I have with Amazon Pay Later?

You can make multiple purchases using Amazon Pay Later, up to your available limit approved as part of registration. Please note that as per regulations, for KYC undertaken using Aadhaar number/VID and OTP, there is a regulatory cap on the amount of total purchases (including cancelled/returned orders as well as the orders for which EMIs have been repaid) of Rs. 60,000 using Amazon Pay Later.

You will be notified on Amazon Pay Later dashboard whenever the regulatory limit available for you becomes lesser than the actual Amazon Pay Later limit available.

For KYC undertaken using offline document verification process, there is no regulatory cap on the limit usage. You will be able to use and reuse the Amazon pay Later limit, as required. The same holds true for those customers who complete their KYC via existing KYC option wherein which they use their existing KYC for Amazon Pay balance to register for Amazon Pay Later.

Amazon Pay Later Customer Service

For any queries related to Amazon Pay Later, you can reach out to:

Amazon.in customer service

To directly contact your lending partner, see below for details.

Capital Float Customer Service:

    • Contact details: Email at myloan@capitalfloat.com
    • Call at 080-68075001

IDFC FIRST Bank Customer Service:

    • Call at 1860 500 9900
    • Working Hours: 9:30 am to 6:00 pm all working days except 2nd and 4th Saturday and Bank Holidays

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