India: Flipkart launches cashless credit, may apply for NBFC license

India: Flipkart launches cashless credit, may apply for NBFC license

The Flipkart delivery process. Photo: Bloomberg

Ahead of the Diwali festive season, Flipkart has launched a new so-called cashless credit programme for consumers that will give shoppers access to an instant credit line of up to Rs 60,000 to buy products on the e-commerce marketplace.

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