LazyPay collaborates with Dukaan to provide pay-later services to the SMB sector
- ByStartupStory | August 24, 2022
LazyPay, a Buy Now Pay Later (BNPL) solution provided by PayU Finance, has announced a partnership with Dukaan, an intuitive platform that enables merchants to launch online stores, with an eye toward small businesses and their ecosystem. Through the cooperation, small businesses and entrepreneurs will be able to expand their operations by taking advantage of the BNPL solution. This partnership will provide a seamless checkout process for quick transactions for end customers.
The partnership demonstrates the expansion of LazyPay’s merchant ecosystem and the high demand for efficient, easy, and hassle-free BNPL solutions. According to the business, LazyPay’s merchant ecosystem has multiplied since its launch in 2017 and now numbers 46,000. LazyPay’s expansion of its services to SMB shops is a deliberate response to BNPL’s existing status as one of the preferred payment options.
Varun Vummidi, Payments Head at LazyPay, stated, “India is a thriving economy, and SMBs (small enterprises) are contributing greatly to growth. They are spreading like wildfire as technology is increasingly embraced. We are thrilled to work with Dukaan as Buy Now Pay Later solutions expand SMBs’ prospects by enabling them to serve a wider range of online clients who have a preference for quicker and easier shopping.”
Suryansh Kumar, VP Business at Dukaan, said, “The partnership with LazyPay will assist us further our goal of offering the best services to our clients. We are excited about working together.”
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