The Buy Now Pay Later scheme is not a new concept in the world. Many banks, credit, and payment companies have been providing the Buy Now Pay Later plans to their customers since long. The global payment giants like PayPal, Klarna, etc have provided Buy Now Pay Later plans long before. And they have hit…
Digital lending is getting popular with the rise of digital banking and digital payment practices. Digital lending products like Buy Now Pay Later (BNPL) are booming in the global market, including the markets of the USA and Europe. According to TrueLayer, BNPL services are expected to rise by the highest among the digital payment methods…
Using credit cards is being more popular these days as shopping tendency has risen more than before. They are the plastic cards issued by the banks. A credit card is mostly used by the customers to pay the merchant at POS terminals while buying goods and services. Credit cards, as the name prevails, provide you…
Prabhu Bank adds Foneloan BNPL feature in its mobile banking app where you can scan now and pay later to the bank for the goods and services you purchase. This feature is available to salary account holders only at present. However, the bank will add other accounts too in the near future. With this feature,…
