While BNPL has been criticized as an easy way for shoppers to run up high debts, it's also being touted as an easy-to-understand payment method that's attractive to all.
The use of buy now, pay later (BNPL) services has exploded over the past few years, and only now are we beginning to learn the impact of that boom.
The Buy Now Pay Later (BNPL) concept continues to grow in popularity thanks to repeated exposure to potential users at points of sale, according to findings by JD Power as a part of one of their annual reports.
Ongoing uncertainty in BNPL regulation could make streamlined links between traditional providers and merchants to provide solutions key.
As the payments world is constantly evolving, new channels are popping up, and new payment types are popping up.
How did competition between the top consumer debt contenders heat up over the long-awaited holiday shopping spree?
Despite high interest rates and risks of a reccesion, many BNPL fintech providers now vie to offer loans to the underbanked in Mexico.
BNPL providers should consider the FTC's suggestion to "conduct a compliance check," including reviewing their policies and procedures.
Buy Now Pay Later is taking off in Latin America as an alternative for short-term financing and financial inclusion.
Walia sees plenty of activity in BNPL, beginning with brands partnering with banks to introduce their BNPL capability.