LazyPay, a credit service by PayU, announced launched a new product line: Gift Cards, a platform housing vouchers from popular brands.
These cards offer vouchers from over 150 popular brands in various categories such as shopping, travel, fashion, food, electronics, and groceries from brands like Amazon, Flipkart, Swiggy Money, MakeMyTrip (MMT), Yatra, Pantaloons, and more.
Users can choose gift card values ranging from Rs 100 to Rs 1,50,000. The Gift Cards platform will be available to customers starting August 5, 2024, the company said in a press release.
The platform, accessible via the LazyPay app, is available to both existing and new users. Customers can purchase gift cards using UPI, debit and credit cards, and net banking, with up to 10% discounts on select brands and exclusive launch period cashback offers.
“We believe this comprehensive, secure platform will offer convenience and ease to customers and eliminate the need to visit multiple websites to purchase gift cards. With a wide range of brands and categories to choose from, along with various payment options and exciting deals, LazyPay Gift Cards aims to become customers’ go-to destination for all gifting requirements,” Ankit Nahata, Business Head, LazyPay, said.
PayU, regulated by the Reserve Bank of India, is a digital financial services provider, serving over 4,50,000 merchants with advanced payment solutions. LazyPay, launched in 2017, is a credit platform serving over 6 million consumers and partnering with over 60,000 merchants.
