MeitY ban on loan apps includes non-Chinese players like PayU’s LazyPay, Kissht

The government order banning 94 lending apps on Sunday also includes apps of Indian firms, an official confirmed to ET.

Fintech platform PayU’s buy-now-pay-later service LazyPay’s website has been taken down following a notice from the Ministry of Electronics and Information Technology (Meity). PayU is owned by South African and Dutch group Naspers.