scorecardresearchBNPL schemes under a cloud as RBI imposes restrictions on prepaid payment instruments

BNPL schemes under a cloud as RBI imposes restrictions on prepaid payment instruments

Updated: 28 Jun 2022, 07:42 AM IST
TL;DR.
Soon after the RBI restrained prepaid payment instruments from loading via credit lines, there is a growing concern over the future of BNPL schemes
There are nearly 8-10 million customers who are part of the BNPL universe.

There are nearly 8-10 million customers who are part of the BNPL universe.