Indian fintech CRED adds buy now, pay later and tap to pay offerings

News Summary

  • The feature, first rolling out to NFC-enabled Android smartphones, will require members to unlock their phone before they tap on the merchant’s PoS machine.“Tap to Pay addresses CRED members’ need for a fast, simple, and safe offline payment experience.
  • It serves some of India’s most trustworthy customers as the app only onboards those who have at least a 750 credit score.
  • And, the monetization is kind of setting us in the right direction,” he said.
CRED is rolling out a buy now and pay later service and a tap to pay feature as the Indian fintech platform broadens its offerings to boost engagement and monetization on the platform.Cred flash, t [+2702 chars]