New Delhi, Oct. 20 -- Vivifi India Finance, a Hyderabad based non-bank lender, has recently launched Flexpay, a payment option which allows credit on the Unified Payments Interface (UPI). Flexpay will enable the customers to 'scan now & pay later', using a line of credit when they do not have funds available in their bank accounts or virtual wallets. 'The payment option will facilitate offline purchases by scanning any UPI QR code or a UPI ID,' the NBFC said. It is accepted by every merchant, from small Kirana stores to large retailers.

"FlexPay is a shot in the arm for our vision of expanding credit access to non-prime and low-income borrowers who currently rely on friends and family or unlicensed money lenders when faced with a cash cr...