The outlook on ‘Buy Now, Pay Later’

Today, “buy now, pay later” accounts for only a small portion of overall card spending. But amid the pandemic-fueled e-commerce boom, this alternative model may be poised to disrupt the $8T US payment card industry.
As online shopping surges amid the pandemic, “buy now, pay later” (BNPL) companies have dominated headlines — attracting online, money-conscious shoppers with seamless delayed payment alternatives that bypass the usual fees. Read more…