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Wednesday, 21 October 2020

Demand for credit, EMI services soars

In the first 24 hours of its ‘Great Indian Festival’ sale, Amazon India disbursed over Rs 600 crore of credit to customers through its ‘Pay Later’ offering. The e-commerce major said 3 out of 4 equated monthly instalment (EMI) shoppers were from Tier 2 and Tier 3 cities.

from Hindustan Times - business https://ift.tt/3jifJqX
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