New Delhi, Feb. 19 -- With the advancement in technology and introduction of artificial intelligence customers are now seeking more freedom and flexibility in payment options. Buy Now Pay Later (BNPL) and credit cards have emerged as popular choices in India.

Understanding the differences between these financial tools is crucial for making informed decisions. This article explores their features, benefits, and drawbacks to help you choose the best option for your needs.

BNPL and credit cards are both consumer credit products but are structured and used in a significantly different way. BNPL enables one to purchase now and settle later within a given period with no interest if prepaid. Credit cards offer a revolving credit limit to use f...