BNPL : BuyNow PayLater in India
What is BNPL ? What is BNPL ? BNPL stands for Buy Now , Pay Later service . This is fast growing service in India as well as globally. BNPL (Buy Now, Pay Later) is a financial service where an individual can use available balance for purchasing in present time and this used money ( showing as “outstanding balance or due” ) has to pay till date given in generated Bill . BuyNow PayLater example ( uses) ? Suppose , You have ₹50000 available limit in your BNPL account and you've purchased ₹1000 something using this on Amazon then you'll have available limit ₹49000 ( ₹50,000 - ₹1,000) Available Limit = Total Limit - Used Amount. Benefits of BuyNow PayLater Currency almost BNPL service offers you :- 👍 0% intrest ( ₹0 charge as intrest). 👍 ₹0 Processing fee. 👍 ₹0 maintenance fee. 👍 ₹0 hidden Charges. 👍 ₹... CashBack available. 👍 ₹0 total charges in 1 billing Cycle. 👍 Full Digital Process. 👍 Helpful in emergency. 👍 Scan Pay/ UPI/ Card ( physical too) and Tap to pay are a