Reading Time: 3 minutes A point of sale (POS) is where a customer makes the payment for the products or services bought at a particular store. POS financing is when a shopkeeper or retailer offers its customers a financial solution, usually in the form of consumer credit, at the point of sale.
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Reading Time: 5 minutes The Indian digital payments landscape supported by multiple favorable tailwinds is poised for high growth in the coming years. According
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Reading Time: 3 minutes Introduction Before BNPL came along and made the buying experience invisible, it was credit cards that started shaping the shopping
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Reading Time: 3 minutes We have come a long way in the digital economy. The nature of payment systems has transformed significantly over the
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Reading Time: 4 minutes Caveat Emptor referred to as ‘let the buyer beware’ is a critical concept in the Contract Law that places the
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Reading Time: 3 minutes Why we built Simpl? After spending 10 years in the US working on Wall Street when Nitya Sharma moved back
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Reading Time: 4 minutes The Indian customer has come a long way – From the traditional physical kirana stores with largely cash denominated transactions
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Reading Time: 3 minutes With the increased thrust on cashless and touchless transactions being necessitated by the pandemic, new digital monetary channels, including unsecured, informal credit lines have emerged. BNPL, a subscription-based credit mode, is fast catching up in popularity amongst Indian customers.
COVID-19 has been a tipping point for adoption of digital modes by the Indian consumer; aggravated by the pandemic, many buyers have opted for deferred payment options like BNPL.
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Reading Time: 3 minutes During October 2020, UPI transactions in India crossed the 200-crore mark for the very first time. This growth has been driven by factors such as ease of use and minimal hassles. So, does this growth imply that there is a systemic shift in the Indian payments landscape? Or is this a temporary effect of the COVID-19 crisis? Let’s look closer to find answers to these questions.
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Reading Time: 4 minutes Fintechs are coming up with unique solutions for the empowerment of local merchants. Small merchants don’t feel left out anymore in this whirlpool of technological advancement in the retail sector with offerings like BNPL
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