Activating EMI and Pay Later

Offer your customers the convenience of buying now and paying later through Cashfree's platform. Enable multiple Pay Later and EMI options with a single integration. Contact [email protected] to use these features.

Credit Card EMI

Cashfree supports Credit Card EMI payment method. You can use different EMI providers on our platform. Below is a list of supported providers and their payment codes for a seamless flow. If you are using a Cashfree hosted integration, we will automatically show all these options to eligible users on the checkout page.

Here is a sample of the request that you need to send to /orders/pay to process a seamless EMI payment. Read more here.

{	
"order_token": "t9qcKxyZeINHM625rHrx",
	"payment_method" : {
		"emi": {
			"channel": "link",
			"card_number": "4111111111111111", 
			"card_expiry_mm": "12",
			"card_expiry_yy": "22",
			"card_cvv": "123",
			"card_bank_name": "Kotak",
			"emi_tenure": 3
		}
	}
}

The following 14 card issuers are supported for card-based EMIs. Please send the exact values in the card_bank_name parameter.

Bank Name	card_bank_name
HDFC Bank	HDFC
Kotak Bank	KOTAK
ICICI Bank	ICICI
RBL Bank	RBL
Bank Of Baroda	BOB
Standard Chartered	Standard Chartered
Axis Bank	AXIS
AU Small Finance Bank	AU
Yes Bank	YES
IndusInd Bank	INDUS
State Bank Of India	SBI
Federal Bank	FED
HSBC	HSBC
Citi Bank	CITI

We support varying tenures for each of these: 3, 6, 9, 12, 14, 18, 24, 36 depending on the issuing bank.

EMI Plans

List of emiPlan that is required in case of Card based EMI

Name of the Provider	Minimum Amount (INR)	3 Months	6 Months	9 Months	12 Months	18 Months	24 Months	36 Months	20 Months	30 Months
Standard Chartered Credit Card	2000	11.88%	13%	14%	14%
ICICI Bank Credit Card	1500	14.99%	14.99%	14.99%	14.99%	14.99%	14.99%
Kotak Bank Credit Card	2500	13%	13%	14%	14%	15%	15 %	18 %	15 %	16 %
HDFC Bank Credit Card	3000	16%	16%	16%	16%
Bank of Baroda	2500	13%	14%	14%	15%	16%	16 %	16 %
RBL Bank	1500	13%	14%	15%	15%	15 %	15 %
Axis Bank	2500	14%	14%	15%	15%	16%	16 %
AU Small Finance Bank	2000	14%	14%	14%	14%	14%	14%
State Bank of India Credit Card	4000	14%	14%	14%	14%
Federal Bank	2500	14%	14%	14%	14%
Citi	2500	13%	13%	15%	15%
HSBC	2001	12.50%	12.50%	13.50%	13.50%	13.50%
Indusind	2001	13%	13%	13%	13%	15%	15%
Yes Bank	1500	12%	12%	13%	13%	15%	15%

Debit Card EMI

Cashfree Payments supports Debit Card EMI payment method. When a merchant uses a Cashfree hosted integration, we show the Debit Card EMI option on request. We will soon be live on the seamless integration flow.

Name of the Provider	Minimum Amount (INR)	3 Months	6 Months	9 Months	12 Months	18 Months	24 Months
HDFC Bank	5000	16%	16%	16%	16%	16%	16%

Cardless EMI Providers

Your customers can also pay through other EMI providers (non-card based). A sample request is also provided here for your reference. ["flexmoney", "zestmoney"].

The providers are:
Flexmoney (powers Cardless EMI from HDFC Bank, Kotak Bank, ICICI Bank, IDFC Bank, Federal Bank, Home Credit & Bank of Baroda)
ZestMoney
Kreditbee (Will be available soon for web integration flow.)

curl --request POST \
     --url https://api.cashfree.com/pg/orders/pay \
     --header 'Accept: application/json' \
     --header 'Content-Type: application/json' \
     --data '
{
     "payment_method": {
          "cardless_emi": {
               "channel": "link",
               "provider": "flexmoney",
               "phone": "77891212345"
          }
     },
     "order_token": "ydfkhkashdfh1k23123"
}

Provider Parameter	Name of the Provider
flexmoney	FlexMoney (powers Cardless EMI from HDFC Bank, Kotak Bank, ICICI Bank, IDFC Bank, Federal Bank, Home Credit & Bank of Baroda)
zestmoney	ZestMoney

Paylater Providers

Your customers can also pay through the following Paylater providers:

Kotak Bank Paylater
HDFC Bank Paylater
ZestMoney Paylater
Lazypay
Ola Money Postpaid
Simpl
Freecharge (Will be available soon for web integration flow.)

Provider Parameter	Name of the Provider
kotak	Kotak Bank Paylater
flexipay	HDFC Bank Paylater
zestmoney	ZestMoney Paylater
lazypay	Lazypay
olapostpaid	Ola Money Postpaid
simpl	Simpl

curl --request POST \
     --url https://api.cashfree.com/pg/orders/pay \
     --header 'Accept: application/json' \
     --header 'Content-Type: application/json' \
     --data '
{
     "payment_method": {
          "paylater": {
               "channel": "link",
               "provider": "flexipay",
               "phone": "77891212345"       
          }
     },
     "order_token": "ydfkhkashdfh1k23123"
}

Simpl Integration
For any new customer on your platform, simpl provides a redirection URL to authenticate the customer. For repeat customer Cashfree provides a submit OTP API which needs to be integrated on your checkout page for a seamless experience.

curl --request POST \
     --url https://api.cashfree.com/pg/orders/pay \
     --header 'Accept: application/json' \
     --header 'Content-Type: application/json' \
     --data '
{
     "payment_method": {
          "paylater": {
               "channel": "link",
               "provider": "simpl",
               "phone": "8714268343"       
          }
     },
     "order_token": "ydfkhkashdfh1k23123"
}

{
    "payment_method": "paylater",
    "channel": "link",
    "action": "link",
    "data": {
        "url": "https://prod.cashfree.com/pgnextgenapi-test/api/v1/view/gateway/FyQrZyVNFqABzPzbj9fJ389252b2c7b4e0b2e11380b550c81cc6",
        "payload": null,
        "content_type": null,
        "method": null
    },
    "cf_payment_id": 1316274816,
    "payment_amount": 1.00
}

{
    "payment_method": "paylater",
    "channel": "post",
    "action": "post",
    "data": {
        "url": "https://prod.cashfree.com/pgnextgenapi-test/api/v1/orders/pay/authenticate/1316030207",
        "payload": null,
        "content_type": "application/json",
        "method": "post"
    },
    "cf_payment_id": 1316030207,
    "payment_amount": 1.00
}

curl --location --request POST 'https://prod.cashfree.com/pgnextgenapi-test/api/v1/orders/pay/authenticate/1316030207' \
--header 'x-api-version: 2021-05-21' \
--header 'Content-Type: application/json' \
--data-raw '{
    "otp": "8686",
    "action": "SUBMIT_OTP"
}'