These days many companies in the country are being given the facility of buy now letter. In this episode, Mobikwik, one of the big digital wallets in the country, is also getting the facility of BY NOW PAY letter. The company has named this service 'Zip'. Under this service, the company also includes a credit limit to its users. Consumers can spend within the credit limit and make the payment after 15 days.

Mobikwik wallet can also load money from ZIP: Mobikwik's ZIP service limited is available to consumers only. The amount of credit limit you are given by ZIP depends on your transaction behavior. ZIP can be used within the Mobikwik app and at all merchants that can accept Mobikwik as a payment option. The special thing is that ZIP can also be used to load money in Mobikwik's wallet.

Apart from this, for online merchants who do not accept Mobikwik as a payment option, payment can also be made through the virtual card of American Express. For this, first, you have to load the money in the wallet via ZIP. For example, Mobikwik is not a payment option on Amazon's site or app, but you will also be able to shop on Amazon via Mobikwik's American Express virtual card.

Payment of ZIP bill: The amount you spend from ZIP from 1st to 15th is generated on the 16th, which needs to be paid between 16th and 20th. Similarly, the amount you spend through ZIP from 15th to 30th or 31st of the month is billed on the first of the following month, which has to be paid between 1st and 5th. It is worth noting that if you do not pay the dues on time, then you also have to pay a penalty. So try to pay the ZIP bill within the due date.

Also Read:

Sonu Sharma is one of the Most Inspiring Motivational Speakers & Corporate Trainers in India

Rakesh Kumar Yadav : Santa Claus For Every Aspirants Athletes

86-inch Redmi TV Max launched in India, know the price