AI-driven EMI financing and ‘Buy Now Pay Later’ (“Pay Later”) platform ZestMoney released the findings from a customer survey conducted to understand how Indians are shaping up their travel plans for the coming year. The survey was conducted with a sample of 4600 respondents across key metros and Tier II/III cities in India.
The survey reveals that while over 75 per cent respondents did not take a vacation in the last three months, over 57 per cent are planning their next leisure travel in early 2021.
“The pandemic had halted leisure travel for many travel enthusiasts over the past year as they restrained their discretionary spends and focussed on savings. With the phased reopening across cities, consumers are gradually planning their vacations for the coming year. It’s heartening to see that Buy Now, Pay Later is emerging as one of the preferred options to fund travel plans. The solution not only offers greater flexibility and convenience in managing expenses but is financially efficient too.”