{"id":3411,"date":"2021-09-23T21:21:49","date_gmt":"2021-09-23T21:21:49","guid":{"rendered":"https:\/\/websnipers.com\/?p=3411"},"modified":"2021-10-29T03:59:52","modified_gmt":"2021-10-29T03:59:52","slug":"what-exactly-is-emi-on-a-debit-card","status":"publish","type":"post","link":"https:\/\/websnipers.com\/what-exactly-is-emi-on-a-debit-card\/","title":{"rendered":"What Exactly Is EMI On A Debit Card And Who Is Eligible For It?"},"content":{"rendered":"\n

Before, there was only one way to make a purchase. You had to visit a store or dealer, pick what you want then make your payment at the cashier. By then, cash registers were the merchant POS system, and cash or check was the popular mode of payment.<\/p>\n\n\n\n

In case your money was not enough, there were several ways to make the purchase,<\/p>\n\n\n\n

\u2714<\/span>  <\/span>Take a loan from your bank<\/span><\/p>\n\n\n\n

\u2714<\/span>  <\/span>Take a credit card loan<\/span><\/p>\n\n\n\n

\u2714<\/span>  <\/span>Use hire purchase<\/span><\/p>\n\n\n\n

\u2714<\/span>  <\/span>Postpone your purchase until you can afford<\/span><\/p>\n\n\n\n

None of these options was convenient or fair<\/p>\n\n\n\n

But things have changed.<\/p>\n\n\n\n

Today, making a purchase is so much easier, thanks to the rapid growth of the internet and technology<\/a><\/strong>. Online shopping has become so popular, and the number of goods or products available has increased drastically. Similarly, the modes of payment have also advanced so much. Nowadays, you don\u2019t necessarily need to pay all the money upfront to complete a purchase. You can always choose to make your payments in installments through the Debit card EMI.<\/p>\n\n\n\n

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