|There are no hidden charges applicable.
||Credit cards often have hidden charges like cash advance charges, annual maintenance fees and GST charges.
|BNPL comes with digital KYC and instant sign up and approval.
||Credit cards require paperwork, KYC approval and weeks of waiting.
|Designed for a bigger market, including with new or insufficient credit data.
||Made for a smaller market, including those with high CIBIL scores and residing in metros.
|BNPL charges mostly zero interest rates, except for late payments or longer tenures.
||Credit cards are the most expensive form of credit, with interest rates going up to 48%.