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Buy Now, Pay Later is old. Say hello to Save Now, Buy Later schemes

A clutch of start-ups has turned the concept of Buy Now, Pay Later on its head to devise Save Now, Buy Later schemes that incentivise saving for big spends while avoiding the debt trap that comes with BNPL. And there are many takers - Issue Date: Nov 27, 2022 ....

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SNBL or BNPL? That is the question!

Taking the popular Buy Now Pay Later (BNPL) model head-on, a bunch of start-ups are offering Save Now Buy Later (SNBL) option wherein consumers can save for a fixed period and get discounts of 15-20 per cent on the purchase while avoiding a debt trap as well. ....

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