Wtf is Buy now, pay later?

I came across Multipl app wherein you can have SIPs for a goal like buying a phone or trip expenses. Brands like Flipkart, MMT, Reliance Digital, Nykaa, Croma also co-invest in the SIPs and their contri can be cashed out as gift cards. Now here are a few concerns I have: 1. Mostly these FinTechs take 0% commission on the SIPs. So how do they even earn money? 2. In the end, its just investing your money in a MF, which is prone to market risks, why would a person lock in his money for 6 months with the potential of making a loss. I would prefer using my good old cash or credit card to make a payment. The business model just didn't make sense to me. Any insight from FinBros, Product guys would be welcome.

Soonicorn founder Shoot your questions!

I was checking my credit card rewards and realised that HDFC gives 4 points for every Rs150 spent. Now I have a decent amount of credit card expenses every month but the majority of my transactions are less than 150. I spend a lot buying snacks, soft drinks and energy drinks from a shell store near my office. Is there a way like using any buy now pay later product and then pay that from my credit card? Or Is there any credit card which can give a similar level of benefits and also account for small transactions as well? Additional question: How is the Rupay or one credit card?

Why did this happen? Slice already owns an NBFC license. What does this help them achieve? "to better serve their shared mission and reach more consumers who currently lack access to basic banking services"

GoTo is going to launch a BNPL product with TikTok soon. As a PM what are some things that you would do for something like this to succeed?

An app which consolidates all you recurring expenses in one place helps you pay, remember and track? What do you guys think?

Does anyone have the Flipkart Axis Credit card? This is my first ever credit card ever and I have a question. When does the statement gets generated by default? I bought it 2 weeks ago and have been using it. Still I don't have an option to pay on the app. And there is no statement generated on the app. Which date does it usually gets generated?

Flipkart is trying to enter two different market segments at the same time: Quick Commerce and UPI. There are already proven players in the space and it isn't possible to enter these segments without loads of investment. I wonder what Flipkarts game plan is and how it is going to execute it

Hey, how many of you pay rent through credit card? Which platform you all use ? What is the benefit you get from platform? Like points or coupon.