4 Things to Consider Before Using BNPL Services
4 Things to Consider Before Using BNPL Services
Buy Now Pay Later (also known as BNPL) is quickly becoming one of the most popular ways for consumers to buy things online.
The concept itself is not new — retailers have been issuing point-of-sale loans, which break down consumers’ purchases into smaller payments to be made in installments, since at least the Great Depression. But it was only in the past few years, with the advent of big BNPL tech companies like Afterpay, Affirm, and Klarna, tha
Buy Now Pay Later (also known as BNPL) is quickly becoming one of the most popular ways for consumers to buy things online.
The concept itself is not new — retailers have been issuing point-of-sale loans, which break down consumers’ purchases into smaller payments to be made in installments, since at least the Great Depression. But it was only in the past few years, with the advent of big BNPL tech companies like Afterpay, Affirm, and Klarna, tha