“The buy now, pay later capability now offered by myriad providers is sweeping the country, but may include a few drawbacks that could hinder future growth, according to a report issued Monday. Research for the report, which included a survey early this year of some 1,500 U.S. consumers, revealed that 39% have tried BNPL . Among these users, some 55% are likely to spend more than they do with other payment methods. Other positives so far are that most users trust BNPL services and intend to keep relying on them”
Buy Now, Pay Later Reveals a ‘More Nuanced Picture,’ According to the Latest Research
Digital Transactions
