Credit cards provide financial freedom to the customer in the financial crisis caused due to any sudden problem. However, it can sometimes be difficult to approach a bank to get approval for a credit card and go through the rejection process. For such customers, the 'buy now pay later' concept can be very useful.

For your information,let us tell you that in the 'Buy Now Pay Letter' concept, the customer can buy the product and bring it home, but it has to be paid after a few days. Buy Now pay letter products are very helpful to the customer, as they do not incur any interest or additional charges. At the same time, due to Corona virus outbreak and lockdown at present, many people have a cash crisis. In this case, by now pay letter products can give a lot of convenience to the customer in meeting their needs. Generally these products provide the necessary shopping facility to the customers with payment time of 15-20 days without worrying about salary irregularities.

It has many more benefits for customers. In card payment or internet banking payment options, the customer has to pay first. At the same time, in this concept, before paying the customer, he gets a chance to bring the product home, try it and be satisfied. In this purchase, the customer does not have to put his bank details on any e-commerce payment portal, so that they also avoid phishing or account hacking. At the same, in this concept, the customer does not even need to keep the cache. Also, if the order is not delivered, or in the case of wrong order delivery, there is no need to worry too much. However, due to delay in payment, the customer may have to pay interest or other charges.

Also Read:

Government reduces burden of revenue through petrol, Know details

Anil Ambani facing crisis, SBI moves NLCT for recovery of 1200 crores

India's foreign exchange reserves breaks all records, crosses 500 billion dollar for first time

'Facebook' fires employee who criticizes Mark Zuckerberg