Buy Now Pay Later

Buy now, pay later could pose a challenge to credit cards’ leading position in US payments. To sustain profitable growth, issuers may need to rethink their products, economics, and value propositions.

Using "buy now, pay later" and splitting your payments into smaller amounts across a few months must make it easier to pay, right?  Answer: 42% Questions: Have you seen the "buy now, pay later" options when you buy items online? If yes, have you ever used it? Why or why not?  What are the pros/cons of using this payment option?  Why do you think so many consumers have struggled to make on-time payments with "buy now, pay later?" Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (Acorns):  The share of American adults who’ve used buy-now, pay-later services in 2022 has increased to 43% — a 12 point jump from 2021, according to LendingTree.

“Buy now, pay later” may be jeopardizing Gen Z's financial future in just four easy...

Use of buy now, pay later (BNPL) payment products has been growing in the United States. We explore the benefits and risks of BNPL products for consumers and merchants.

Volumes on PayPal Inc's 'buy now, pay later' platform were five times higher this Black Friday compared with a year earlier as the payments giant starts to gain traction in the fast-growing credit method, the company's chief executive told the Reuters Next conference.