FUTURE OF Buy now pay later industry IN INDIA 2023


the word BNPL ( Buy now pay later ) basically suggests the relative meaning of buy now pay later, which is introduced to the consumer market in order to provide more efficient service and make purchasing easy. it is a kind of loan or more elaborately a quick loan authorized by the NBFC ( non- Banking-financial- company), which any individual can receive for purchasing a product or service across e-commerce sites without any interest for a month.


The earliest form of buy now pay later traces back to the 19th century, when. installment plans emerged as a way for consumers to purchase expensive goods since they didn’t have the funds to buy them outright. This banking process was primarily launched in America and the getting deeply induced in India by the end of the 20th century and had a full-fledged remark in the 21st century.

in India, the buy now pay later at its current position is booming and every individual is opting for the Buy now pay later as it becomes very inherit for everyone to buy now and pay later (BNPL), essentially helps every individual to purchase a product now and pay for the product after a month without any interest.

BNPL was fully authorized in India in April 2020, Flipkart and amazon pay later already has over 3.7 million registered users, driven by a faster customer sign-up process, and its wider use cases for goods and purchases and utility payments.


as an alternative option to credit cards and other forms of financing, BNPL solutions were designed to allow shoppers to purchase their product and pay in a predetermined number of installments over time.



  • Buy now pay later providers are fully integrated within an online store checkout, which makes the transaction process easy, it’s convenient as they opt to pay with the name of the BNPL provider and what you just have to do is create an account, and no need to go to your purse or wallet for your credit to fill out the details.
  • Setting up a BNPL account is very simple and feasible the providers ask just credit checks for approval and some information including the accounts from which they will deduct your payments.
  • Most BNPL providers don’t charge any interest on the amount you borrow – only fees, when your payment is late, these types of transactional charges occur when there is a shortage of amount in your bank account.
  • It is used as an alternative to credit cards especially since younger people are basically giving up credit cards, it also has the positive advantage of not spending more as in order to save interest they will spend less so that their expense goes lower to their income and generates. rough stability.
  • There is no need to line up with the bank and or log into your online account to arrange payments, these systems works on auto transaction overview.

generating a financial planning also takes a part of investing, to learn more about investing in stocks click here.


  • The earning source of BNPL providers is late payment by consumers, if you don’t have enough money on your credit card to cover automatic installment payments you usually have 24 hours to log into your account and pay the amount due, or else you will be charged late fees.
  • BNPL schemes are basically spending the amount of money that you don’t have, it may sound judgemental, but it’s possible to live a fulfilling life without restoring o credit for unnecessary purchases.
  • It brings to mind the line about people buying things we don’t need, with money we don’t have, to impress people we don’t like.


like any financial product , deciding whether or not to use BNPL arrangements is a personal choice based on your financial situation and spending habits. using any BNPL platforms for spending you would do anyway, it can be a good way to manage your finances by spreading out the payment over a few weeks.

further if you face any queries you can send us your feed at info@bridgenile.com.

68 thoughts on “Why is BNPL So Popular among Young Consumers? What will be its future till 2030”
  1. I have read your article carefully and I agree with you very much. This has provided a great help for my thesis writing, and I will seriously improve it. However, I don’t know much about a certain place. Can you help me?

  2. Very good blog! Do you have any tips and hints for aspiring writers? I’m hoping to start my own blog soon but I’m a little lost on everything. Would you advise starting with a free platform like WordPress or go for a paid option? There are so many choices out there that I’m totally confused .. Any tips? Thanks!

  3. Idon’t kjow whether it’s just me or iif everybody else enjcountering
    issues with your site. It appears as if some off the
    written textt within your posts aree runninng offf tthe screen. Can somebody else pleasee coment andd
    lett me knmow if this iis happening too them too? This may bbe a isszue wih
    myy intrnet browser because I’ve had this happen before.Appreciate it

  4. Howdy, i read your blog from time to time and i own a similar one and i was just wondering if you get a lot of spam feedback? If so how do you prevent it, any plugin or anything you can advise? I get so much lately it’s driving me crazy so any assistance is very much appreciated.

  5. Howdy! Thiss poat could nott bbe written much better!
    Looing at thos post reminds me of my previous roommate!
    He always keplt talking about this. I most certainly wil
    ssnd this post to him. Pretgty sure he’ll have a very good read.

    Thankms forr sharing!

  6. Can I just ssay what a rlief to discover an individual who actyally knbows whqt they are talking about online.
    You certainly know how to bring an issue too light
    and make it important. Morre people need too llok at this andd
    understand this sside oof the story. I was surprised you’re noot more popular given thhat yoou surely possess thee gift.

  7. Hello! This is kiind oof off topic but I need som guidance frtom aan edtablished blog.

    Is it dificult to set up yyour owwn blog? I’m nott very techical but
    I can figuree things out prety quick. I’m thinking about seetting up myy
    own butt I’m nnot sre where too begin. Do youu have aany idras oor suggestions?


  8. An impressive share, I just given this onto a colleague who was doing a little analysis on this. And he in fact bought me breakfast because I found it for him.. smile. So let me reword that: Thnx for the treat! But yeah Thnkx for spending the time to discuss this, I feel strongly about it and love reading more on this topic. If possible, as you become expertise, would you mind updating your blog with more details? It is highly helpful for me. Big thumb up for this blog post!

  9. I like tthe valuable information you provide oon your articles.
    I will bookmaark your weblog and tame a look aat again here
    regularly. I’m quikte suure I wwill bee informed maqny nnew stuff right here!

    Best oof luck ffor the following!

  10. My spouse and I stumbled ovesr here diffefent webb page and thought I might check
    things out. I like what I see so noww i aam fololowing you.

    Loook forward to exploring your weeb page for a econd time.

  11. I blog quite ooften aand I really appreciate your content.
    Your article has truly peazked my interest. I will boiok ark
    your site andd kesp checking for neww details about once per week.
    I opted inn for your RSS feed as well.

  12. Thanks for sharing excellent informations. Your web site is so cool. I’m impressed by the details that you?¦ve on this site. It reveals how nicely you perceive this subject. Bookmarked this web page, will come back for more articles. You, my pal, ROCK! I found simply the information I already searched everywhere and simply couldn’t come across. What a great website.

  13. Thank you very much for sharing. Your article was very helpful for me to build a paper on gate.io. After reading your article, I think the idea is very good and the creative techniques are also very innovative. However, I have some different opinions, and I will continue to follow your reply.

  14. I wanted to create you that little bit of remark to help give thanks over again about the fantastic techniques you’ve discussed on this page. It has been quite incredibly generous with people like you to supply extensively all that numerous people might have supplied for an e-book to earn some cash on their own, primarily considering that you might well have done it in case you decided. The thoughts additionally served like a good way to be sure that the rest have the identical zeal the same as my very own to understand a whole lot more with respect to this condition. I am sure there are numerous more enjoyable moments ahead for individuals that take a look at your website.

  15. We are a group of volunteers and opening a new scheme in our community. Your website provided us with valuable information to paintings on. You’ve performed an impressive process and our entire group will likely be grateful to you.

  16. You’re so cool! I don’t believe I have read through anything like
    that before. So wonderful to discover someone with a few unique thoughts on this
    subject. Seriously.. thanks for starting this up.
    This website is one thing that’s needed on the
    internet, someone with a bit of originality!

  17. Have you ever considered about adding a little bit more than just your articles?
    I mean, what you say is valuable and all. But imagine if you added some great images or videos to give your posts more,
    “pop”! Your content is excellent but with pics
    and video clips, this site could undeniably be one of
    the very best in its field. Good blog!

  18. I do not know if it’s just mme orr iff perhaps eeveryone eelse experiencing problems with yoour blog.
    It appears aas thouh some off thee written text wthin your
    posgs aree rjnning off thhe screen. Caan someone else pleaswe provide feedback and let mee knoww if this iis happening to them ass well?

    Thhis could be a prolem with myy web browser
    because I’ve hadd this hppen previously. Appreciate it

Leave a Reply