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LazyPay Powers Dunzo’s Pay Later Payment Flow

Drives 28% increase in transactions through LazyPay
MUMBAI, India, April 23, 2021  /PRNewswire/ — LazyPay, India’s preferred Buy Now Pay Later solution by PayU Finance today strengthened its partnership with Dunzo, India’s leading hyper-local delivery service with the launch of Dunzo Pay Later. The revolutionary deferred payment solution Dunzo Pay Later powered by LazyPay will offer the convenience of Buy Now Pay Later with a 0% interest rate (for a 15-day window) to over 2 million monthly active Users on Dunzo. As a strategic response to an upsurge in digital transaction failures, LazyPay and Dunzo also launched an industry-first solution to enhance consumer confidence impacted due to failed transactions.
Dunzo Pay Later powered by LazyPay offers Dunzo customers credit from Rs 500 to Rs 9,999 depending on the profile of the customer, allowing them to conveniently transact via deferred payments and safely repay within 15 days without any interest charged. The solution also aims to solve one of the biggest problems of ‘cart abandonment’ due to failed transactions by merchants. As per NPCI’s recent data from February 2021, the transaction failure rate at banks due to technical glitches was at 15%*, signifying the need to reduce transaction failures at a time when digital payment adoption is surging in India**. With a digital transaction success rate of over 99%, LazyPay supports its merchants in reducing cart abandonment and offers the convenience of credit and deferred payments to its customers.
The pilot for Dunzo Pay Later went live in March 2021, and since then, Dunzo has recorded 4% reduction in cart abandonment due to transaction failures in the past two weeks. Both these first-of-a-kind solutions by LazyPay will help Dunzo’s customers achieve faster purchase experiences and convenience by reducing friction during online checkouts and achieving a zero-drop situation for online payments.
Mr. Anirban Das, Head of Product, Dunzo said, “Convenience has always been the cornerstone of the experience we promise at Dunzo. Dunzo Pay Later is an extension of that promise and offers Users the choice and convenience of paying later with a seamless ordering experience. We are already witnessing the impact of this integration as Users are able to transact more seamlessly on the app. This has also led to a 28% increase in transactions through LazyPay and will create a superior payment experience for users on the platform.”
Mr. Bhavik Kaul, Product Head, LazyPay said, “At LazyPay, our aim is to be the frontrunner in driving innovation in the deferred payments space in India. Our focus has always been to keenly listen to our customers and help solve problems for them. The launch of Dunzo Pay Later & Failed transaction improvement solutions is yet another step in easing the complexities of digital payments through fast, robust and reliable ‘Buy Now Pay later’ services. You will see us continue to leverage our expertise in AI & technology to deliver personalised payment and affordability products to millions of our customers and to help solve the pain points of our merchants by driving higher conversions for them.”
PayU Finance has been at the forefront of innovation since its launch in 2017, be it pioneering the concept of BNPL in India with the launch of LazyPay or the first-of-its-kind digital revolving credit line option through UPI through LazyPlus and now with Dunzo Pay Later and the Failed Transaction Flow solution.
*Source : NPCI – February 2021
**Source: ACI Worldwide, March 2021
About LazyPay: 
Launched in 2017, LazyPay is PayU Finance India’s Buy-Now-Pay-Later offering to provide consumer with convenient checkout options. The company disbursed more than INR 100 crores worth of credit every month with over 2 million transactions per month in 2020. Buy-now-pay-later provides small-ticket credit for purchases ranging from INR 500 to INR 9999. It emerged as one of the most popular payment methods across 300+ renowned merchants in its network like Swiggy, Zomato, Samsung, Dunzo, GoAir, amongst others. It targets to reach 5 million customers in 2021.
Logo: https://mma.prnewswire.com/media/1248554/LazyPay_Logo.jpg

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Vikram Vedha to open its advance bookings in 1250 multiplexes from 24th September

Having received an amazing response from the masses for its amazing trailer, the makers of Hrithik
Roshan and Saif Ali Khan starrer Vikram Vedha are currently creating a buzz all around for its electrifying
dance number ‘Alcoholia’. While the audience is eagerly waiting for the film to hit the theaters, the
makers are all set to open the advance booking windows for the Audience.

Undoubtedly Vikram Vedha is one of the most anticipated movies of the year and the craze for the film
among the audience is constantly rising as the film is inching toward its release date. Putting an end to
the audience’s wait, the makers are all set to start the advance bookings of the film today.

Moreover, Vikram Vedha will have the largest international distribution for a Hindi film, with a record-
breaking 100+ countries worldwide. Before its release, the film has sparked worldwide interest and
appeal, and many countries have already begun advance bookings.

Vikram Vedha is presented by Gulshan Kumar, T-Series, and Reliance Entertainment in association with
Friday Filmworks and Jio Studios and a YNOT Studios Production. The film is directed by Pushkar and
Gayatri and produced by Bhushan Kumar, S. Sashikanth and Reliance Entertainment. Vikram Vedha will hit the big screens globally on 30th September 2022.

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Manoj Bajpayee will take 1 week off from his schedule to attend all the rituals on his fathers 1st death Anniversary day.

Three times National Film Awards and the Padma Shri winning actor Manoj Bajpayee who has completed three decades in the showbiz business and Juggling with multiple projects between different genres, characters and mediums. Manoj Bajpayee is a powerhouse actor when it comes to Indian cinema. Even if you haven’t seen many of his movies, you will have heard of talented actor Manoj Bajpayee’s name because of his brilliant performances in his films. The finest actor has become synonymous with content-driven subjects who also have been consistently working in multiple film industries.

The finest actor of Hindi cinema Manoj Bajpayee who has several movies lined up this year, will be taking 1 week off from his current project, which is directed by Apurva(Aspirant fame & produced by Vinod Bhanushali in mid september and will be leaving for his home town with his wife and daughter to attend all the puja rituals on his father’s 1st death anniversary day. Manoj Bajpayee’s father RK Bajpayee passed away at 83, last year in Delhi.

The actor believes that a family is a very important & priority in his life, in spite of his erratic schedules or no matter where he is, it is his first priority to always be with his family with all his support & spend time with them in any situations.After finishing all the rituals puja and family work,Manoj will immediately resume his shoot to finish his project on time without taking any time for himself.

Manoj Bajpayee has recently finished his 3 upcoming projects, one with Ram Reddy’s untitled film, which also has talented actor Deepika Dobriyal in the film. After that he finished RSVP’s Despatch, (A investigative thriller set in the world of crime journalism.) directed by Kanu Behl. Abhishek Chaubeys’s film which also has star cast like Konkana Sen, Sayaji Shinde,Naseer sir and some well known talented actors from south. Fox Stars Studios,Chalkboard Entertainment, Autonomous Works film, Gulmohar directed by Rahul Chittella ( who was assistant of Meena Nair) working with Veteran actress Sharmila Tagore, and Amol Palekar along with Suraj Sharma (Life of Pi) and Simran Rishi Bagga in pivotal roles.

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Here comes the title of Jackky Bhagnani’s Jjust Music upcoming RVD’s soulful creation ‘Raaz’

Jackky Bhagnani’s Jjust Music has been coming up with some really amazing songs one after the other and now they are here with the title of their upcoming heart-touching melody by RVD, a soulful creation ‘Raaz’. It’s a melodious song by an Indie rap artist, RVD that evokes his potential lover to become his secret as that way she’ll go down to the grave with him and stay with him forever. 

The song captures a glimpse of feelings that brings a boy close to the emotions of his lover encapsulating his zest for involving her in his life a secret that will stay with him for life. Jotting down his deepest emotions learn from his life, RVD beautifully communicates through his art in music a feeling of true happiness that can only be appreciated and enjoyed in privacy as the unconditional bond they share is completely sacred which the world won’t understand as they’re not in our shoes. 

Moreover, the artist in a true sense, RVD is an artist who’s been given all the love by the world but battles and deals with his own loneliness by making music, he talks about how he has learned ‘you can’t be lonely if you’re comfortable being alone’ in the process, and through only music, he can express these thoughts. He is an artist who makes modernized music with a blend of cultural touches in Urdu and Punjabi languages, which makes him stand out from the general crowd.

RVD, is an Indie rap artist from Kolkata, West Bengal who’s been making much sound on the east side. Performed alongside pan India artists like Mohit Chauhan, Dino James, Zareen, Kayan, Gully Gang, etc. With tracks like ‘Riha’ and ‘Iteyhaas’ which have done extremely well, RVD has even caught a lot of attention and traction in the general crowd and the gaming world on a pan-India basis.

Meanwhile, Jjust Music made it to the headlines for it’s first PAN India music video Mashooka starring bold and quirky Rakul Preet. The song turned out to be a huge success and was received well by the audience.

https://www.instagram.com/reel/Ci2B4nfA-K6/?igshid=ODBkMDk1MTU=

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