Payments choice is akin to a streaming music service: If you don’t like one selection, skip to a better one. It’s utterly consumer-centric – which, along with spend management, explains the core appeal of buy now, pay later (BNPL) alternative credit apps in any economy.
In a wrecked economy, however, the appeal of BNPL multiplies, as evidenced by the surge of new customers attracted to the various BNPL apps during the lockdowns. Read more…
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