Buy Now Pay Later Boom Shows No Signs of Slowing Thi
The buy now, pay later phenomenon is showing little signs of slowing down.
Shoppers have flocked to the option over the last year as online shopping has surged amid the pandemic, benefiting fintech companies like Affirm, Klarna, and Square’s Afterpay, while also prompting other payment platforms like PayPal to move further in that direction and threatening banks and credit card companies.
Use of BNPL poised to grow this holiday season, according to a recent CNBC survey.
Source: CNBC
Omni Talk is the retail blog for retailers, written by retailers. Chris Walton and Anne Mezzenga founded Omni Talk in 2017 and have quickly turned it into one of the fastest growing blogs in retail. 