In recent years, it has been noticed that Buy Now Pay Later services have witnessed tremendous growth in the e-commerce market and how it has helped financially for both the merchants and the consumers. Buy Now Pay Later (also known as BNPL) is a popular consumer financing model allowing shoppers to purchase goods and services […]
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The Pros and Cons of Buy-Now-Pay-Later for Businesses
Providing customers with the opportunity to defer payment to a later date can be beneficial for the business doing the selling. And, thanks to a raft of online services and open banking platforms, there’s more opportunity to offer customers with the chance to buy now, and pay later (or, if you prefer, to BNPL). So […]