EMI (Pay-in-Installments) is fast emerging as an effective way to attract buyers. It is especially useful for high-value items where buyers may not be able to pay the full price together and can instead pay in easy installments. Buyers can pay using EMI on ICICI, HDFC and Citibank credit cards in 3 or 6 monthly installments.

How EMI payments work

When a buyer chooses to make an EMI payment using his credit card, sellers will receive the payment in full item price. The buyer will pay the bank in 3 or 6 monthly installments. To be able to pay using EMI, the minimum order amount should be at least Rs. 1500 for 3-month and 6-month EMI.

Note:

PaisaPay charges the buyer a convenience charge of 2.5% for 6M EMI transactions. You will be charged the standard EMI processing fees. See PaisaPay fees.

How to offer EMI

If you are eligible to offer EMI, you will see the EMI check box in the Payment methods section of the Sell Your Item form. Clicking this check box will ensure that the EMI logo is displayed in your listing.

Note: You must have a feedback score of 5 or more to offer EMI payments. Items paid with EMI will require additional PaisaPay facility charges.