Quick Commerce Growth Drives Increased Festive Season Credit Demand

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Indian consumers are increasingly using credit options like buy-now-pay-later for purchases on quick commerce platforms during the festive season. This trend is reported by the Economic Times, citing data from fintech firms. The demand for credit has seen a significant rise, particularly for festive gifting and impulse purchases on fast-delivery apps. Analysts attribute this surge to the convenience of instant delivery combined with flexible payment plans.

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