Buy now, pay later business set to surge over ten-fold in India3 min read . Updated: 08 Nov 2021, 05:01 PM IST
Since the maximum credit currently being offered on BNPL is 100,000 rupees ($1,347.89), much lower than credit card offers, it will take some time before it can disrupt the cards market, analysts say
India's buy-now-pay-later (BNPL) industry is booming and set to surge over ten-fold within four years as tens of millions of online shoppers get lured by interest-free credit with fewer hassles, market players told Reuters.
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