The Consumer Financial Protection Bureau (CFPB) has released data highlighting that more than one-fifth of buy now pay later (BNPL) borrowers with a credit record used BNPL loans in 2022 ...
Soaring debts in Indonesia from “buy now, pay later” (BNPL) schemes have raised alarm, with financial regulators set to impose stricter rules to prevent young consumers from falling into ...
"Buy now, pay later" (BNPL) schemes surged in popularity for online purchases since the COVID-19 pandemic and allows consumers to split payments over time into smaller, interest-free installments.
The idea is that Qomodo lets small businesses improve their cash flow and increase revenue with a BNPL solution which lets consumers make flexible, interest-free installments on items purchased in ...
Categories that have shown increased demand in BNPL purchases include groceries and home furnishings. In the first two months of 2023, online groceries’ share of BNPL orders grew a staggering 40 ...
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