News > Bajaj Finance to enter payment solutions market with 'Bajaj Pay'

Bajaj Finance to enter payment solutions market with 'Bajaj Pay'

It will launch Bajaj Pay for consumers in the fourth quarter of the current financial year, according to the company’s investor presentation. This will offer payment solutions via UPI, pre-paid instruments, EMI cards and credit cards. Bajaj Pay will offer a combination of what individual payment service providers bring to customers.

Bajaj Finance said it will build five proprietary marketplaces — an EMI Store, an insurance marketplace, investment marketplace, BF health and a broking app.