How Buy Now, Pay Later is Disrupting the Credit Industry
Nothing in the last several years has changed consumer buying habits so quickly and so profoundly as the COVID-19 pandemic. Seemingly overnight, a switch was flipped, and online e-commerce transactions surged as a result of pandemic lockdowns.
One of the beneficiaries of the increase in e-commerce is buy now, pay later (BNPL), an alternative payment method that enables consumers to take possession of an item immediately and split payments over a fixed number of equal installments.
Download this Whitepaper to:
- Understand the three major risks for BNPL providers
- Battle fraud
- Discover the main types of BNPL models
