New Delhi [India], September 20 (ANI/NewsVoir): SanKash, the fastest growing AI-powered platform which aggregates BNPL and consumer financing providers, today announced its partnership with EarlySalary and Finzy to offer Travel Now Pay Later (TNPL) option to Indian travelers. This move is to streamline the booking processes and avoid costly upfront investments for trips booked months in advance.
Bengaluru (Karnataka) [India], December 7 (ANI/PRNewswire): ZestMoney, India's largest and fastest growing Buy Now, Pay Later platform in India, announced that it is Great Place to Work-Certified™ for the second consecutive year.
New Delhi Delhi India NewsVoir Strengthening its commitment towards superior customer servicing Max Life Insurance Company Ltd Max Life Company has enhanced the Buy Now Pay at Approval feature available on term insurance purchase for customers Launched last year for policies bought online the feature allows customers to apply for a policy through a digital payment method This helps ensure that the premium amount is not deducted until the proposal evaluation by the insurer While the feature was only available on credit card payments last year with the increase in digital transactions and diversification of payment options the facility now applies to transactions made through Credit Cards Debit Cards and UPI platforms Manu Lavanya Director and Chief Operations Officer Max Life said At Max Life we are committed to creating robust customer journeys in the digital value chain The Buy Now Pay at Approval feature attempts to simplify policy buying through a digital payment instrument while avoiding the risk of money being withheld in the event of a delay in policy issuance By extending the facility to wider modes of online transactions we look forward to delivering hassle-free customer experience and mitigating any negative impact likely to occur due to cancellationsunderwriting concerns Since the introduction of this feature last year we have seen an uplift in customer experience with a reduction in grievance and refund-related issues that we aim to continue with the newer augmentations he added Launched last year only on Credit Card payments the Buy Now Pay at Approval feature saw a 25 customer penetration last year Introduced across varied payment modes of Credit Debit cards and UPI for the customers the enhanced iteration aims to increase its penetration to 20 over the next couple of months About Max Life Insurance wwwmaxlifeinsurancecom Max Life Insurance Company Limited is a Joint Venture between Max Financial Services Limited and Axis Bank Limited Max Financial Services Ltd is a part of the Max Group an Indian multi-business corporation Max Life offers comprehensive protection and long-term savings life insurance solutions through its multi-channel distribution including agency and third-party distribution partners Max Life has built its operations over almost two decades through a need-based sales process a customer-centric approach to engagement and service delivery and trained human capital As per public disclosures and annual audited financials for FY20-21 Max Life has achieved a gross written premium of INR 19018 crore As of 31st March 2021 the Company had INR 90407 crore of assets under management AUM and a Sum Assured in Force of INR 1087987 crore PWR PWR
New Delhi (Delhi) [India], November 30 (ANI/NewsVoir): Strengthening its commitment towards superior customer servicing, Max Life Insurance Company Ltd. ("Max Life" / "Company") has enhanced the 'Buy Now - Pay at Approval' feature available on term insurance purchase for customers. Launched last year for policies bought online, the feature allows customers to apply for a policy through a digital payment method. This helps ensure that the premium amount is not deducted until the proposal evaluation by the insurer.