A strategic alliance between PayU, a provider of digital financial services, and Amazon Pay Later will increase the availability of digital credit to millions of customers in India. The integration of Amazon Pay Later, a popular buy-now-pay-later (BNPL) service, into PayU's checkout infrastructure will allow online retailers to
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ZestMoney, the buy now pay later platform, is set to cease its operations by the end of December, according to an internal communication to its staff. The company, currently employing around 150 individuals, is compelled to take this step as it grapples with financial challenges, despite efforts to revitalize its
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The COVID-19 lockdown brought a dynamic shift in how consumers interact with businesses. Along with this, it saw a huge increase in digital adoption and more people are online than ever before. With e-payments in full swing, it gave online retailers the option to integrate their e-commerce platform with BNPL
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One of the fastest-growing segments in consumer finance is BNPL (Buy Now Pay Later) firms. A market segment that was worth 33 billion USD in 2019, according to GlobalData, had grown to 120 billion USD by 2021. The business model of BNPL firms emerged from extremely low-interest rates that allowed
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Buy Now Pay Later – It’s convenient, accessible, and consumer-friendly. But, is there more to it? India’s BNPL market is estimated at around $3 billion as we write this, but, it is about to explode if data science is to be believed. The predictions hint that it will be
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Klarna, a European buy-now-pay-later (BNPL) service provider, is raising investments at a valuation of $15 billion. There was a dramatic decline in their mid-2021 $45 billion valuations and the estimated 2022 $30 billion figure. In recent quarters, not just Klarna, many fintech companies have fallen sharply. Klarna is the second-largest
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If you've purchased something online, you may have observed the feature to buy now and pay later, that's becoming increasingly common across e-commerce platforms. And you may have observed this feature in offline places as well, such as retails, and for several folks, this choice is
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Customers tend to purchase their products with various options when they buy through an e-commerce website. This could be through the various debit cards the customer has in their possession, through net-banking accounts, or through cash-on-delivery where they would pay for their products in form of cash once they receive
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What do you think of buying now and paying later? Sounds so fascinating! That's right, nothing can be compared with the happiness of a shopaholic that comes with this idea of buying now and paying later. Well, this ain't just an idea anymore! Buy now, pay