Create Low Cost EMI Offers
You can create Low Cost EMI Offers for a selected issuer from your Dashboard.How it Works
Customers select the products on your website or app and proceed to Checkout. On the Checkout page, the customers:1
Step 1
Enter the Phone Number and click Continue.
2
Step 2
Select EMI as the payment method.
3
Step 3
Select the EMI option where Low Cost EMI is available. If the amount entered in the Checkout is eligible for the discount, all the applicable EMI options are shown.
4
Step 4
After customers select this option, all the applicable plans the card issuer provides are displayed for the entered amount.
5
Step 5
Choose the EMI tenure and click Continue.
- They enter the relevant details and choose if they want to Save this card as per RBI guidelines or pay without saving the card. After the successful payment, Razorpay redirects customers to your application or website.
- Handy Tips: You can create Low Cost EMI Offers on Credit and Debit card EMIs only.
- Customer’s Monthly Statement: Customers’ monthly statements will reflect the total interest charged by the bank. However, the Low Cost EMI discount amount is applied upfront to the purchase to cover it.