Buy Now, Pay Later Reveals a ‘More Nuanced Picture,’ According to the Latest Research

Digital Transactions

“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”