Search Engine Optimization in digital marketing

Abstract

Buy Now Pay Later model has been under the scanner of RBI for quite some time now, and finally, last month, RBI took measures to regulate the BNPL services. To give an overview, BNPL is a short-term financing option that allows users to purchase products now and pay later in installments. BNPL firms don't charge any interest rate if the payments are made on time but tend to charge higher interest rates and penalties if the repayment is delayed even by a day.