ALT ID is a custom-made capability developed by Mastercard to create an alternate identifier for the real card numbers provided by cardholders during guest checkout transactions on e-commerce platforms
A recent report from the US Consumer Financial Protection Bureau (CFPB) stated that users of BNPL products typically had lower credit scores and limited savings
The partnership will assist PayU’s merchant partners to empower KreditBee customer base with the ability to convert their purchases into cardless EMIs, with a 3-18 months loan tenure