Micro, small and medium businesses (MSMB) is India’s second largest employment generator and constitutes nearly 30% of our GDP. Like other businesses across the globe, the Indian SMB industry also faced massive crises during the pandemic. But the sector quickly recovered and has shown resilient growth ever since. A vulnerable point for the small businesses, […]
Why Are Businesses Still Unprepared to Handle Virtual Cards?
Credit cards have always been a risky means of payment. There is always the possibility of loss, theft or misuse. Enter the virtual credit card. It is a digital proxy card ID that can be used instead of your physical credit card. They are a number of ways to avoid divulging personal information and overspending. […]
Invoice Factoring: Lending Firms’ New Border
Why do lending companies offer Invoice Factoring services? Learn about the benefits of this invoice factoring for businesses & lending companies here
Decoding Buy Now Pay Later in B2B for Lending Business
The BNPL industry is having its time in the sun. The payment method completely overturned the business consumer market in the last 15 years. This short-term financing option allows consumers to make purchases and pay for them later, usually in instalments over a fixed period. This gives them the flexibility they need to get things […]
The Impact of Buy Now, Pay Later on B2B Finance
Buy Now, Pay Later (BNPL) FinTech companies are on their way to transforming how consumers shop for products. While BNPL is not an entirely new concept, it is the latest and most advanced version. Traditionally, shoppers could use EMIs and other credit forms such as credit cards. However, BNPL has made the entire process much […]
What Does RBI’s Rate Hike Mean for the BNPL Business Model?
There’s no doubt that RBI’s rate hike is a harbinger of changes in the financial world. During an unexpected policy announcement, the RBI increased repo rates by 40 base points to 4.4 percent in May and 4.9 percent in June. Given the soaring inflation across the country, RBI is expected to raise the rates again. […]