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Shopping on credit nearly doubled during Diwali for e-commerce consumers, cash on delivery slumps - GoKwik

By Economic Times - 2 weeks ago
Credit use doubled this festive season. Credit cards and BNPL options drove this growth for D2C brands on GoKwik's network. Prepaid payment methods also surged by 13%. Cash on delivery dipped by 8%. GoKwik enables brands to improve profits by reducing COD orders. The company houses over 10,000 brands and 120 million shoppers.

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