Findmyfare launches customer credit ‘Pay Later’ service | Daily News

Findmyfare launches customer credit ‘Pay Later’ service

Chief Business Officer - Chandrishan Richards
Chief Business Officer - Chandrishan Richards, Sri Lanka’s online travel company, has launched Pay Later – a service that allows customers to book now and pay later, by taking advantage of the company’s new 30-day free credit offer.

This service was introduced by findmyfare in response to a gap it perceived in customer credit, which is a persistent and growing need. ‘Pay Later’ allows customers flexibility of paying only a small percentage of their total booking amount to hold the booking, while the rest is paid at a later date. In order to make this service accessible to all, findmyfare is facilitating payments across various payments platforms such as credit/debit cards, net banking, cheques, cash deposits or bank deposits, made via debit or credit cards.

The Chief Business Officer - Chandrishan Richards, findmyfare said: “We see a gap in the market when it comes to consumer lending. Access to consumer credit could help expand the travel industry while extending greater convenience to customers. As Sri Lanka’s leading online travel company, we plan to leverage on advanced machine learning to target segments by mining our internal data to gain insights into customer behaviour.”

Findmyfare was the brainchild of Abishek Sithampalam and Thushan Shanmugarajah, two young entrepreneurs who set their mind to starting an e-commerce business from the time they were university students. In 2012, they began their journey with a very small investment and a group of friends as staff, but have now surpassed several of the mainstays in the industry.


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