What is the turnaround time for my application?
It takes only 2 minutes to complete the Prefr Pay Later application. The 3 steps required to apply for Prefr Pay Later are:
Fill in your Personal and Business Details
Complete the 2-step KYC process
Instantly set up your repayment with your primary bank
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What is Prefr Pay Later?
Prefr Pay Later is the hassle-free way to get instant credit, via a completely digital process, for purchases using credits on partner’s platform like WayCool, Best Price etc. You have to complete the one-time setup process. The entire application ...
Is Pay Later the Same as a Loan?
A BNPL loan is a type of loan that allows you to buy something now and pay it off later. Unlike a personal or business loan, the entire complete amount isn't credited to your bank account; instead, you get a credit limit that you can use to buy ...
What is the minimum eligibility to qualify for the Prefr Pay Later Program?
Eligibility is calculated based on the average monthly business with the Anchor. Further, all the eligible merchants should meet the below minimum criteria to be considered for PayLater. Age in case of individuals Minimum 22 years at the time of ...
Where can I use my pay later option?
You can use Prefr Pay later to make all kinds of purchases from the partner app. With Prefr Pay later, you can place orders in just a matter of seconds without any hassle of cash payment or remembering your credit or debit card number.