Paytm Cashback Dhamaka: The festival started from October 14, where users can win cashback for money transfers, online, offline payments or recharges
The urge to spend has risen to such an extent that terms like ‘revenge spending’ have come into circulation.
The fintech firm says idea is to give fixed monthly income and let employees chase their dreams.
Over 1,000 new products will be launched in the festive sale programme from brands such as Samsung, OnePlus, Xiaomi, Levi’s, Adidas etc.
The BNPL gives access to credit for users in tier II-III cities, whose credit scores are either unavailable or low.
Flipkart offers a repayment option under its ‘Flipkart Pay Later’ product to customers for a flexible time period of 3, 6, 9, and 12 months.
Here are a few reasons which are driving digital lending platforms today to maximise this opportunity and invest in first-time borrowers
The recent success of BNPL is forcing several banks and retailers to make changes to their credit offerings for their customers
BNPL provides instant credit without any hassle and repayment is to be made after a specified period of time
The online 'buy now, pay later’ model has picked up momentum in the country as youngsters are becoming wary of using credit cards