Credit cards battle BNPL, banking on aspirational value2 min read . Updated: 26 Nov 2021, 01:17 AM IST
- They pin hope on the fact that credit cards remain an aspirational product
- Experts say that BNPL products are unlikely to be in direct competition with credit cards
MUMBAI : Wary of the growth in India’s ‘buy now, pay later’ (BNPL) market, credit card issuers are banking on the fact that credit cards still remain an aspirational product, leaving ample opportunity for both payment categories.
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