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Case Study

LazyPay Improves Credit Card Adoption by 35%

LazyPay uses Plotline to reduce dropoffs in the loan journey

Problem

Boost adoption of their newly launched credit crad

Strategy

Trigger a PiP video on the homepage to announce the card in a non intrusive manner

Results

Users who saw the video ordered the credit card at a 35% higher rate than those who didn’t see the video.

LazyPay is a new-age digital credit provider. It provides a simple and fast way to get credit in a single tap. LazyPay's One tap digital checkout process is available at over 45000+ merchants in India, including Swiggy, Vodafone, TataSky and more. LazyPay has over 5M downloads on the Play Store and App Store.

Campaign 1: Improving Credit Card Adoption

LazyPay has launched a new lifetime free card in partnership with RBL, Visa and Mastercard. The team wanted to boost adoption of this card.

Users who saw the video ordered the credit card at a 35% higher rate than those who didn’t see the video.

LazyPay uses Plotline to reduce dropoffs in the loan journey

Campaign 2: Reducing Drop-offs for User Surveys

LazyPay faced drop-offs in their instant loan journey. They couldn’t attribute precisely why users weren’t progressing further on certain steps in the funnel and completing the loan application. Email surveys sent out to targeted users only got <5% response rate.

The team whipped up 6 surveys, each covering a drop-off point in the loan journey. If any user pressed the “back button”, Plotline would pop up an in-app survey to understand why the user is not continuing basis hypothesis from LazyPay's product and research team.

LazyPay received over a thousand responses, with half of the studies clocking >30% response rate.

LazyPay reduces dropoffs in the loan journey with Plotline

Plotline's in-app surveys help product and growth teams uncover insights from their users in-the-moment

Product teams need to move fast, but collecting user insights can often be a slow and painful process. Traditional methods of collecting feedback fall short. Email and whatsapp surveys have low response rates, and user calling suffers from low connect rates.

In-app surveys help you build a culture of rolling research in your product organization. Get statistically significant insights that help you improve your product roadmap.

The best consumer tech companies today like ShareChat, Meesho, Khatabook and LazyPay all use Plotline to uncover key product insights and improve their roadmap.

Run dynamic app experiences with Plotline

Join companies like Step, Upstox, Dream 11, Meesho, Stashaway and others that use Plotline to boost their onboarding and adoption metrics.