OYO introduces Stay Now Pay Later for summer vacationers in India
OYO has announced a Stay Now Pay Later (SNPL) option to provide Indian travellers greater flexibility while planning their summer travels. As per OYO's Summer Vacation Index 2023, 82% Indians have plans to travel this summer, with 92% travelling domestically. Introduction of the SNPL feature allows travellers to plan their summer trips without the immediate financial burden, making travel more accessible and flexible. OYO has partnered with Simpl, a credit-based payments service, for this feature.