UPI emerges as second most popular mode to repay digital loans: Report
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Unified Payments Interface (UPI) emerged as the second most preferred repayment method for digital loans, while SIP (Systematic Investment Plan) is the most popular investment option for millennials, a new report showed on Thursday. According to AI-based financial wellness platform CASHe, about 84 per cent of millennials prefer credit lines over personal loans (14 per cent) and Buy Now, Pay Later (BNPL) (2%).