New Delhi, Oct. 18 -- The festive season brings lucrative online shopping offers, deals, and opportunities on electronics, smartphones, home appliances, clothing, and jewellery. Buy Now, Pay Later (BNPL) services allow shoppers to purchase products and services immediately and pay later.

These payments are either made in instalments or by a specified due date, as per the terms and conditions of the purchase agreement.

Now it is clear that BNPL services can offer individual purchasers and customers comfort, ease and convenience. Still, it can also encourage overspending and create repayment complications if it is utilised without strategic planning.

That is why, before opting for BNPL for Diwali, Dussehra, or Dhanteras shopping, it is p...