Buy Now Pay Later

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With changes in time, our agricultural sector or firm is also developing. A new agri tech firm has come up with a buy now pay later (BNPL) facility for those buyers who buy roughly 150-200 tonnes of Agri produce (grains/oilseeds/pulses traded annually). This will help mitigate the age-old challenges of finance in the commodity buying space. The firm has been named as Arya.ag and the buyers can currently receive a credit of up to Rs 25 lakhs with a 0% interest rate for 14 days.

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Source: Economic Times

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