Did an electricity bill payment on Amazon & got offer unlocked of registering for Amazon Pay Later & get 250 cashback. If you have already done KYC with Amazon, they just ask you to confirm the PAN number. Have not yet got the cashback, but looks Pay Later approved as it showed me an approved amount.
Side note: there is 10% upto 75 (min amount 600) offer on Citibank cards for Electricity bill payment
Second Side note: Is PayLater a brand or something - We had Flipkart PayLater I think & ICICI PayLater.. Or just out of ideas. I think its just no unqiue ideas. As I remember some brand, maybe Amazon itself ran a campaign to suggest names for this offering.
Yes I see karur Vysya with same account number. I see the amount as split 3000 with capfloat and 12000 with karur vysya.
Articles indicate that kvb are one of many partners onboarded with capfloat. Did you approach Amazon for closure of capfloat - i guess you will need to reach them again for this stuff.
Looks like a mess. The bigger worry is if one of the other partners will pop up in future.
Why capital float is in business if they need a partner for providing 10k limit.
And this weird bank was waiting for 1 year before reporting to cibil.
All these neo banks, paylater with different partners will become a huge pain in the ass. My cibil looks like a mess now because of flipkart and Amazon paylater.
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