Regulatory Frameworks and Consumer Impacts: A Comparative Study of India’s BNPL Market

Abstract: With the Indian Buy Now Pay Later (“BNPL”) market expected to grow at a CAGR of 12.2% from 2023 to 2028, it has become a popular alternative to traditional credit for small-ticket items. However, regulatory and systemic challenges persist as the Reserve Bank of India (RBI) has imposed restrictions on credit-based BNPL models, mandating Continue reading