Credit Card EMI or Uni Pay 1/3rd

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[{"selector":"#anim-38382302-6cab-4f5f-ae6b-f2d66cd9550b","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-2b855076-180b-4863-9bd0-325f784f2a4c","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Buy Now Pay Later (BNPL) services have increased in popularity in recent years and are ready to become a popular mode of financing.

[{"selector":"#anim-fa0cba4f-aba6-489e-b5df-78efb9601f9c","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-0813e297-dbf3-41fe-bff5-177278b356bf","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] BNPL has now established itself as a more comfortable payment option, reducing borrowers’ financial stress by providing no-cost EMIs.

[{"selector":"#anim-dc0db919-7ebc-4180-9480-277c497bf754","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-c773a712-f013-454d-b167-95de5dc65ebd","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Uni Cards, which recently secured $18.5 million in financing, has launched its Uni Pay 1/3rd card.

Uni Pay 1/3rd card is not a credit card, even though it functions similarly to a conventional credit card on the surface.

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[{"selector":"#anim-1489dc93-8b3c-4ff5-8466-ee8469ea108b","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-9a0839dc-4430-44e1-bb4e-d82ddbd04a1e","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Customers can also choose to pay the total amount if they decide not to pay in installments, and in exchange, they will receive a 1% incentive in the form of cashback.